(29 April 2020)USD/JPY The downside prevails.

(29 April 2020)USD/JPY The downside prevails.

29 April 2020, 09:21
Jiming Huang
0
128

jp
Pivot
 (invalidation): 106.90
Our preference
Short positions below 106.90 with targets at 106.35 & 106.15 in extension.
Alternative scenario
Above 106.90 look for further upside with 107.10 & 107.35 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)