(02 December 2020)USD/JPY Key resistance at 104.60.

(02 December 2020)USD/JPY Key resistance at 104.60.

2 December 2020, 08:52
Jiming Huang
0
125

jp
Pivot
 (invalidation): 104.60
Our preference
Short positions below 104.60 with targets at 104.15 & 103.95 in extension.
Alternative scenario
Above 104.60 look for further upside with 104.75 & 104.90 as targets.
Comment
As Long as the resistance at 104.60 is not surpassed, the risk of the break below 104.15
remains high.

(By Swissquote TRADING CENTRAL)