(12 JUNE 2020)USD/JPY Turning up.

(12 JUNE 2020)USD/JPY Turning up.

12 June 2020, 08:58
Jiming Huang
0
92

jp
Pivot
 (invalidation): 106.60
Our preference
Long positions above 106.60 with targets at 107.10 & 107.45 in extension.
Alternative scenario
Below 106.60 look for further downside with 106.30 & 106.00 as targets.
Comment
The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)