(16 AUGUST 2019)USD/JPY:Aim @ 106.60.

(16 AUGUST 2019)USD/JPY:Aim @ 106.60.

16 August 2019, 08:56
Jiming Huang
0
62

jp


Pivot
 (invalidation): 105.90
Our preference
Long positions above 105.90 with targets at 106.35 & 106.60 in extension.
Alternative scenario
Below 105.90 look for further downside with 105.70 & 105.50 as targets.
Comment
The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

Share it with friends: