(26 September 2019 )USD/JPY Capped by a negative trend line

(26 September 2019 )USD/JPY Capped by a negative trend line

26 September 2019, 09:45
Jiming Huang
0
56

jp
Pivot
 (invalidation): 107.85
Our preference
Short positions below 107.85 with targets at 107.45 & 107.25 in extension.
Alternative scenario
Above 107.85 look for further upside with 108.05 & 108.25 as targets.
Comment
The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)

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