(30 JULY 2020)USD/JPY Key resistance at 105.20.

(30 JULY 2020)USD/JPY Key resistance at 105.20.

30 July 2020, 09:15
Jiming Huang
0
82

jp
Pivot
 (invalidation): 105.20
Our preference
Short positions below 105.20 with targets at 104.75 & 104.45 in extension.
Alternative scenario
Above 105.20 look for further upside with 105.45 & 105.70 as targets.
Comment
The upward potential is likely to be limited by the resistance at 105.20.

(By Swissquote TRADING CENTRAL)


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