(25 MARCH 2019)USD/JPY:Turning down.

(25 MARCH 2019)USD/JPY:Turning down.

25 March 2019, 09:01
Jiming Huang
0
51

jpy

Pivot (invalidation): 110.15

Our preference

Short positions below 110.15 with targets at 109.55 & 109.15 in extension.

Alternative scenario

Above 110.15 look for further upside with 110.50 & 110.85 as targets.

Comment

The index currently faces a challenging resistance area at 110.15.

(By Swissquote TRADING CENTRAL)


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