(24 JULY 2020)USD/JPY 106.00 expected.

(24 JULY 2020)USD/JPY 106.00 expected.

24 July 2020, 09:07
Jiming Huang
0
74

jp
Pivot
 (invalidation): 106.70
Our preference
Short positions below 106.70 with targets at 106.20 & 106.00 in extension.
Alternative scenario
Above 106.70 look for further upside with 106.85 & 107.00 as targets.
Comment
The immediate trend remains down and the momentum is strong.

(By Swissquote TRADING CENTRAL)


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