(22 MAY 2020)USD/JPY Under pressure.

(22 MAY 2020)USD/JPY Under pressure.

22 May 2020, 13:36
Jiming Huang
0
38

jp
Pivot
 (invalidation): 107.85
Our preference
Short positions below 107.85 with targets at 107.35 & 107.20 in extension.
Alternative scenario
Above 107.85 look for further upside with 108.00 & 108.15 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)

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