(22 JUNE 2020)USD/JPY Key resistance at 107.00.

(22 JUNE 2020)USD/JPY Key resistance at 107.00.

22 June 2020, 09:08
Jiming Huang
0
78

jp
Pivot
 (invalidation): 107.00
Our preference
Short positions below 107.00 with targets at 106.75 & 106.65 in extension.
Alternative scenario
Above 107.00 look for further upside with 107.15 & 107.30 as targets.
Comment
As Long as 107.00 is resistance, likely decline to 106.

(By Swissquote TRADING CENTRAL)

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