(19 October 2020)USD/JPY Bullish bias above 105.25.

(19 October 2020)USD/JPY Bullish bias above 105.25.

20 October 2020, 02:09
Jiming Huang
0
78

jp
Pivot
 (invalidation): 105.25
Our preference
Long positions above 105.25 with targets at 105.50 & 105.60 in extension.
Alternative scenario
Below 105.25 look for further downside with 105.15 & 105.00 as targets.
Comment
Technically the RSI is above its neutrality area at 50

(By Swissquote TRADING CENTRAL)


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