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HomeContributorsTechnical AnalysisUSD/JPY: Key Resistance At 103.90

USD/JPY: Key Resistance At 103.90

Swissquote Bank SA
By Swissquote Bank SA

Pivot (invalidation): 103.90

Our preference Short positions below 103.90 with targets at 103.60 & 103.40 in extension.

Alternative scenario Above 103.90 look for further upside with 104.05 & 104.20 as targets.

Comment As Long as the resistance at 103.90 is not surpassed, the risk of the break below 103.60 remains high.

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