(05 August 2020)USD/JPY Watch 105.25.

(05 August 2020)USD/JPY Watch 105.25.

5 August 2020, 09:14
Jiming Huang
0
101

jp
Pivot
 (invalidation): 105.85
Our preference
Short positions below 105.85 with targets at 105.45 & 105.25 in extension.
Alternative scenario
Above 105.85 look for further upside with 106.20 & 106.45 as targets.
Comment
A break below 105.45 would trigger a drop towards 105.25.

(By Swissquote TRADING CENTRAL)