(13 JULY 2018)USD/JPY:Bullish bias above 112.35.

(13 JULY 2018)USD/JPY:Bullish bias above 112.35.

13 July 2018, 08:52
Jiming Huang
0
15

jpy

Pivot (invalidation): 112.35

Our preference

Long positions above 112.35 with targets at 113.00 & 113.35 in extension.

Alternative scenario

Below 112.35 look for further downside with 112.00 & 111.65 as targets.

Comment

The RSI advocates for further advance.

(By Swissquote TRADING CENTRAL) 

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