Contributors Technical Analysis USD/JPY Under Pressure

USD/JPY Under Pressure

By
Swissquote Bank SA
-

Pivot (invalidation): 107.85

Our preference Short positions below 107.85 with targets at 107.35 & 107.20 in extension.

Alternative scenario Above 107.85 look for further upside with 108.00 & 108.15 as targets.

Comment The RSI lacks upward momentum.

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