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

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

27 October 2020, 09:18
Jiming Huang
0
95

jp
Pivot
 (invalidation): 104.90
Our preference
Short positions below 104.90 with targets at 104.50 & 104.30 in extension.
Alternative scenario
Above 104.90 look for further upside with 105.05 & 105.20 as targets.
Comment
The RSI has broken down its 30 level.

(By Swissquote TRADING CENTRAL)


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