(17 April 2020)USD/JPY Turning down.

(17 April 2020)USD/JPY Turning down.

17 April 2020, 09:38
Jiming Huang
0
95

jp
Pivot
 (invalidation): 107.90
Our preference
Short positions below 107.90 with targets at 107.50 & 107.35 in extension.
Alternative scenario
Above 107.90 look for further upside with 108.10 & 108.30 as targets.
Comment
Technically the RSI is below its neutrality area at 50

(By Swissquote TRADING CENTRAL)