(13 October 2020)USD/JPY Caution.

(13 October 2020)USD/JPY Caution.

13 October 2020, 08:48
Jiming Huang
0
88

jp
Pivot
 (invalidation): 105.45
Our preference
Short positions below 105.45 with targets at 105.20 & 105.05 in extension.
Alternative scenario
Above 105.45 look for further upside with 105.60 & 105.80 as targets.
Comment
The upward potential is likely to be limited by the resistance at 105.45.

(By Swissquote TRADING CENTRAL)


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