(11 August 2020)USD/JPY Bullish bias above 105.90.

(11 August 2020)USD/JPY Bullish bias above 105.90.

11 August 2020, 09:14
Jiming Huang
0
89

jp
Pivot
 (invalidation): 105.90
Our preference
Long positions above 105.90 with targets at 106.20 & 106.30 in extension.
Alternative scenario
Below 105.90 look for further downside with 105.75 & 105.65 as targets.
Comment
A support base at 105.90 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)


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