(06 SEPTEMBER 2018)USD/JPY:Under pressure.

(06 SEPTEMBER 2018)USD/JPY:Under pressure.

6 September 2018, 09:20
Jiming Huang
0
69

jpy

Pivot (invalidation): 111.55

Our preference

Short positions below 111.55 with targets at 111.20 & 111.00 in extension.

Alternative scenario

Above 111.55 look for further upside with 111.75 & 112.00 as targets.

Comment

A break below 111.20 would trigger a drop towards 111.00.

(By Swissquote TRADING CENTRAL)

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