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

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

27 September 2018, 07:57
Jiming Huang
0
52

jpy

Pivot (invalidation): 112.90

Our preference

Short positions below 112.90 with targets at 112.60 & 112.45 in extension.

Alternative scenario

Above 112.90 look for further upside with 113.05 & 113.15 as targets.

Comment

The index currently faces a challenging resistance area at 112.90.

(By Swissquote TRADING CENTRAL) 

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