(07 SEPTEMBER 2018)USD/JPY:Key resistance at 110.95.

(07 SEPTEMBER 2018)USD/JPY:Key resistance at 110.95.

7 September 2018, 09:08
Jiming Huang
0
65

jpy

Pivot (invalidation): 110.95

Our preference

Short positions below 110.95 with targets at 110.20 & 110.00 in extension.

Alternative scenario

Above 110.95 look for further upside with 111.15 & 111.40 as targets.

Comment

As Long as 110.95 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL) 

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