(06 JULY 2020)USD/JPY The upside prevails.

(06 JULY 2020)USD/JPY The upside prevails.

6 July 2020, 09:14
Jiming Huang
0
78

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 107.35 & 107.15 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)


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