(25 MAY 2020)USD/JPY The bias remains bullish.

(25 MAY 2020)USD/JPY The bias remains bullish.

25 May 2020, 09:00
Jiming Huang
0
105

jp
Pivot
 (invalidation): 107.50
Our preference
Long positions above 107.50 with targets at 107.85 & 108.00 in extension.
Alternative scenario
Below 107.50 look for further downside with 107.30 & 107.20 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)