(06 MAY 2019)USD/JPY:Watch 110.00.

(06 MAY 2019)USD/JPY:Watch 110.00.

6 May 2019, 13:31
Jiming Huang
0
52

jpy

Pivot (invalidation): 110.85

Our preference

Short positions below 110.85 with targets at 110.30 & 110.00 in extension.

Alternative scenario

Above 110.85 look for further upside with 111.10 & 111.40 as targets.

Comment

A break below 110.30 would trigger a drop towards 110.00.

(By Swissquote TRADING CENTRAL)


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