(27 January 2020)USD/JPY Key resistance at 109.15.

(27 January 2020)USD/JPY Key resistance at 109.15.

27 January 2020, 09:08
Jiming Huang
0
87

jp
Pivot
 (invalidation): 109.15
Our preference
Short positions below 109.15 with targets at 108.70 & 108.50 in extension.
Alternative scenario
Above 109.15 look for further upside with 109.40 & 109.65 as targets.
Comment
The upward potential is likely to be limited by the resistance at 109.15.

(By Swissquote TRADING CENTRAL)