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

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

28 October 2020, 10:25
Jiming Huang
0
96

jp
Pivot
 (invalidation): 104.55
Our preference
Short positions below 104.55 with targets at 104.10 & 104.00 in extension.
Alternative scenario
Above 104.55 look for further upside with 104.70 & 104.85 as targets.
Comment
The immediate trend remains down and the momentum is strong.

(By Swissquote TRADING CENTRAL)


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