(14 AUGUST 2019)USD/JPY:Towards 105.65.

(14 AUGUST 2019)USD/JPY:Towards 105.65.

14 August 2019, 08:57
Jiming Huang
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Pivot
 (invalidation): 106.75
Our preference
Short positions below 106.75 with targets at 106.00 & 105.65 in extension.
Alternative scenario
Above 106.75 look for further upside with 106.95 & 107.20 as targets.
Comment
The RSI shows downside momentum

(By Swissquote TRADING CENTRAL)