(08 JUNE 2020)USD/JPY Under pressure.

(08 JUNE 2020)USD/JPY Under pressure.

8 June 2020, 08:47
Jiming Huang
0
88

jp
Pivot
 (invalidation): 109.75
Our preference
Short positions below 109.75 with targets at 109.15 & 108.85 in extension.
Alternative scenario
Above 109.75 look for further upside with 110.00 & 110.20 as targets.
Comment
As Long as the resistance at 109.75 is not surpassed, the risk of the break below 109.15
remains high.

(By Swissquote TRADING CENTRAL)

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