(21 October 2020)USD/JPY The downside prevails.

(21 October 2020)USD/JPY The downside prevails.

21 October 2020, 09:18
Jiming Huang
0
72

jp
Pivot
 (invalidation): 105.55
Our preference
Short positions below 105.55 with targets at 105.25 & 105.15 in extension.
Alternative scenario
Above 105.55 look for further upside with 105.65 & 105.75 as targets.
Comment
The immediate trend remains down and the momentum is strong

(By Swissquote TRADING CENTRAL)


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