(16 NOVEMBER 2018)USD/JPY:Caution.

(16 NOVEMBER 2018)USD/JPY:Caution.

16 November 2018, 09:00
Jiming Huang
0
53

jpy

Pivot (invalidation): 113.30

Our preference

Long positions above 113.30 with targets at 113.60 & 113.75 in extension.

Alternative scenario

Below 113.30 look for further downside with 113.10 & 112.95 as targets.

Comment

A support base at 113.30 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL) 


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