(28 SEPTEMBER 2018)USD/JPY:Target 114.00.

(28 SEPTEMBER 2018)USD/JPY:Target 114.00.

28 September 2018, 09:17
Jiming Huang
0
60

jpy

Pivot (invalidation): 113.25

Our preference

Long positions above 113.25 with targets at 113.80 & 114.00 in extension.

Alternative scenario

Below 113.25 look for further downside with 113.05 & 112.85 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL) 

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