(05 SEPTEMBER 2018)USD/JPY:Supported by a rising trend line.
5 September 2018, 09:20
0
60
Pivot (invalidation): 111.35
Our preference
Long positions above 111.35 with targets at 111.70 & 111.85 in extension.
Alternative scenario
Below 111.35 look for further downside with 111.20 & 111.00 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)
