(30 January 2020)USD/JPY The downside prevails.

(30 January 2020)USD/JPY The downside prevails.

30 January 2020, 09:12
Jiming Huang
0
84

jp
Pivot
 (invalidation): 109.07
Our preference
Short positions below 109.07 with targets at 108.70 & 108.55 in extension.
Alternative scenario
Above 109.07 look for further upside with 109.24 & 109.40 as targets.
Comment
The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL)

Share it with friends: