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

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

23 November 2018, 08:52
Jiming Huang
0
65

jpy

Pivot (invalidation): 113.05

Our preference

Short positions below 113.05 with targets at 112.80 & 112.60 in extension.

Alternative scenario

Above 113.05 look for further upside with 113.25 & 113.40 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL) 


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