(13 MAY 2020)USD/JPY Watch 106.75.

(13 MAY 2020)USD/JPY Watch 106.75.

13 May 2020, 08:58
Jiming Huang
0
86

jp
Pivot
 (invalidation): 107.40
Our preference
Short positions below 107.40 with targets at 107.00 & 106.75 in extension.
Alternative scenario
Above 107.40 look for further upside with 107.60 & 107.75 as targets.
Comment
A break below 107.00 would trigger a drop towards 106.75.

(By Swissquote TRADING CENTRAL)