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

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

28 May 2020, 08:53
Jiming Huang
0
74

jp
Pivot
 (invalidation): 107.65
Our preference
Long positions above 107.65 with targets at 107.95 & 108.15 in extension.
Alternative scenario
Below 107.65 look for further downside with 107.45 & 107.35 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)