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

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

12 October 2018, 09:31
Jiming Huang
0
55

jpy

Pivot (invalidation): 112.00

Our preference

Long positions above 112.00 with targets at 112.55 & 112.85 in extension.

Alternative scenario

Below 112.00 look for further downside with 111.80 & 111.55 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL) 

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