(05 November 2020)USD/JPY Under pressure.

(05 November 2020)USD/JPY Under pressure.

5 November 2020, 09:10
Jiming Huang
0
83

jp
Pivot
 (invalidation): 104.60
Our preference
Short positions below 104.60 with targets at 104.00 & 103.80 in extension.
Alternative scenario
Above 104.60 look for further upside with 104.80 & 105.05 as targets.
Comment
As Long as the resistance at 104.60 is not surpassed, the risk of the break below 104.00
remains high.

(By Swissquote TRADING CENTRAL)


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