(15 October 2020)USD/JPY Rebound.

(15 October 2020)USD/JPY Rebound.

15 October 2020, 08:54
Jiming Huang
0
100

jp
Pivot
 (invalidation): 105.00
Our preference
Long positions above 105.00 with targets at 105.45 & 105.60 in extension.
Alternative scenario
Below 105.00 look for further downside with 104.85 & 104.70 as targets.
Comment
The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)