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HomeContributorsTechnical AnalysisUSD/JPY: Watch 103.40

USD/JPY: Watch 103.40

Swissquote Bank SA
By Swissquote Bank SA

Pivot (invalidation): 104.00

Our preference Short positions below 104.00 with targets at 103.65 & 103.40 in extension.

Alternative scenario Above 104.00 look for further upside with 104.20 & 104.40 as targets.

Comment As Long as the resistance at 104.00 is not surpassed, the risk of the break below 103.65 remains high.

Swissquote Bank SA
Swissquote Bank SAhttp://en.swissquote.com/fx
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