(27 MAY 2020)USD/JPY Under pressure.

(27 MAY 2020)USD/JPY Under pressure.

27 May 2020, 09:14
Jiming Huang
0
96

jp
Pivot
 (invalidation): 107.65
Our preference
Short positions below 107.65 with targets at 107.35 & 107.20 in extension.
Alternative scenario
Above 107.65 look for further upside with 107.75 & 107.90 as targets.
Comment
A break below 107.35 would trigger a drop towards 107.20.

(By Swissquote TRADING CENTRAL)