(03 OCTOBER 2018)USD/JPY:Turning up.

(03 OCTOBER 2018)USD/JPY:Turning up.

3 October 2018, 10:05
Jiming Huang
0
54

jpy

Pivot (invalidation): 113.50

Our preference

Long positions above 113.50 with targets at 114.05 & 114.25 in extension.

Alternative scenario

Below 113.50 look for further downside with 113.30 & 113.05 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL) 

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