(06 NOVEMBER 2018)USD/JPY:Expect 113.60.

(06 NOVEMBER 2018)USD/JPY:Expect 113.60.

6 November 2018, 09:16
Jiming Huang
0
59

jpy

Pivot (invalidation): 113.10

Our preference

Long positions above 113.10 with targets at 113.35 & 113.60 in extension.

Alternative scenario

Below 113.10 look for further downside with 112.90 & 112.70 as targets.

Comment

The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL) 

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