(30 AUGUST 2018)USD/JPY:The bias remains bullish.

(30 AUGUST 2018)USD/JPY:The bias remains bullish.

30 August 2018, 08:37
Jiming Huang
0
47

jpy

Pivot (invalidation): 111.50

Our preference

Long positions above 111.50 with targets at 111.80 & 112.00 in extension.

Alternative scenario

Below 111.50 look for further downside with 111.30 & 111.10 as targets.

Comment

The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL) 

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