(25 August 2020)USD/JPY Towards 106.20.

(25 August 2020)USD/JPY Towards 106.20.

25 August 2020, 09:19
Jiming Huang
0
87

jp
Pivot
 (invalidation): 105.80
Our preference
Long positions above 105.80 with targets at 106.05 & 106.20 in extension.
Alternative scenario
Below 105.80 look for further downside with 105.65 & 105.50 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)


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