(02 JULY 2018)USD/JPY:Aim @ 111.15.

(02 JULY 2018)USD/JPY:Aim @ 111.15.

2 July 2018, 14:21
Jiming Huang
0
62

jpy

Aim @ 111.15. 

 (By Swissquote TRADING CENTRAL)

Pivot (invalidation): 110.55

Our preference

Long positions above 110.55 with targets at 111.15 & 111.60 in extension.

Alternative scenario

Below 110.55 look for further downside with 110.35 & 110.10 as targets.

Comment

The RSI is bullish and calls for further upside

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