(07 AUGUST 2019)USD/JPY:Aim @ 105.50.

(07 AUGUST 2019)USD/JPY:Aim @ 105.50.

7 August 2019, 09:10
Jiming Huang
0
81

jp

Pivot (invalidation): 106.35

Our preference

Short positions below 106.35 with targets at 105.85 & 105.50 in extension.

Alternative scenario

Above 106.35 look for further upside with 106.65 & 107.00 as targets.

Comment

A break below 105.85 would trigger a drop towards 105.50

(By Swissquote TRADING CENTRAL)