(01 OCTOBER 2018)USD/JPY:Further advance.

(01 OCTOBER 2018)USD/JPY:Further advance.

1 October 2018, 09:27
Jiming Huang
0
51

jpy

Pivot (invalidation): 111.10

Our preference

Long positions above 111.10 with targets at 111.35 & 111.50 in extension.

Alternative scenario

Below 111.10 look for further downside with 110.95 & 110.70 as targets.

Comment

The RSI advocates for further advance.

(By Swissquote TRADING CENTRAL)