(20 August 2020)USD/JPY The upside prevails.

(20 August 2020)USD/JPY The upside prevails.

20 August 2020, 09:15
Jiming Huang
0
100

jp
Pivot
 (invalidation): 105.85
Our preference
Long positions above 105.85 with targets at 106.25 & 106.50 in extension.
Alternative scenario
Below 105.85 look for further downside with 105.60 & 105.30 as targets.
Comment
The break above 105.85 is a positive signal that has opened a path to 106.25.

(By Swissquote TRADING CENTRAL)


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