(09 JANUARY 2019)USD/JPY:Target 109.10.

(09 JANUARY 2019)USD/JPY:Target 109.10.

9 January 2019, 09:18
Jiming Huang
0
64

jpy

Pivot (invalidation): 108.45

Our preference

Long positions above 108.45 with targets at 109.10 & 109.50 in extension.

Alternative scenario

Below 108.45 look for further downside with 108.05 & 107.45 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

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