(28 September 2020)USD/JPY The downside prevails.

(28 September 2020)USD/JPY The downside prevails.

28 September 2020, 09:08
Jiming Huang
0
73

jpy
Pivot
 (invalidation): 105.70
Our preference
Short positions below 105.70 with targets at 105.00 & 104.85 in extension.
Alternative scenario
Above 105.70 look for further upside with 105.90 & 106.05 as targets.
Comment
The immediate trend remains down and the momentum is strong.

(By Swissquote TRADING CENTRAL)


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