(20 NOVEMBER 2018)USD/JPY:Under pressure.

(20 NOVEMBER 2018)USD/JPY:Under pressure.

20 November 2018, 09:07
Jiming Huang
0
48

jpy

Pivot (invalidation): 112.65

Our preference

Short positions below 112.65 with targets at 112.35 & 112.00 in extension.

Alternative scenario

Above 112.65 look for further upside with 112.85 & 113.15 as targets.

Comment

The upward potential is likely to be limited by the resistance at 112.65.

(By Swissquote TRADING CENTRAL) 


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