(05 OCTOBER 2018)USD/JPY:Watch 114.05.

(05 OCTOBER 2018)USD/JPY:Watch 114.05.

5 October 2018, 09:13
Jiming Huang
0
61

jpy

Pivot (invalidation): 113.75

Our preference

Long positions above 113.75 with targets at 114.05 & 114.25 in extension.

Alternative scenario

Below 113.75 look for further downside with 113.50 & 113.30 as targets.

Comment

The RSI lacks downward momentum

(By Swissquote TRADING CENTRAL) 


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