(29 AUGUST 2018)USD/JPY:Further advance.

(29 AUGUST 2018)USD/JPY:Further advance.

29 August 2018, 09:16
Jiming Huang
0
54

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) 

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