(30 December 2019)USD/JPY The downside prevails.

(30 December 2019)USD/JPY The downside prevails.

30 December 2019, 09:30
Jiming Huang
0
86

jp
Pivot
 (invalidation): 109.30
Our preference
Short positions below 109.30 with targets at 109.00 & 108.85 in extension.
Alternative scenario
Above 109.30 look for further upside with 109.45 & 109.60 as targets.
Comment
The RSI has broken down its 30 level

(By Swissquote TRADING CENTRAL)

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