(26 SEPTEMBER 2018)USD/JPY:The bias remains bullish.

(26 SEPTEMBER 2018)USD/JPY:The bias remains bullish.

26 September 2018, 09:11
Jiming Huang
0
59

jpy

Pivot (invalidation): 112.80

Our preference

Long positions above 112.80 with targets at 113.00 & 113.15 in extension.

Alternative scenario

Below 112.80 look for further downside with 112.65 & 112.50 as targets.

Comment

Even though a continuation of the consolidation cannot be ruled out, its extent should be

limited.

(By Swissquote TRADING CENTRAL) 

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