(18 JUNE 2020)USD/JPY Under pressure.

(18 JUNE 2020)USD/JPY Under pressure.

18 June 2020, 09:17
Jiming Huang
0
87

jp
Pivot
 (invalidation): 107.05
Our preference
Short positions below 107.05 with targets at 106.70 & 106.50 in extension.
Alternative scenario
Above 107.05 look for further upside with 107.20 & 107.30 as targets.
Comment
As Long as the resistance at 107.05 is not surpassed, the risk of the break below 106.70
remains high.

(By Swissquote TRADING CENTRAL)

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