(17 OCTOBER 2018)USD/JPY:Aim @ 112.75.

(17 OCTOBER 2018)USD/JPY:Aim @ 112.75.

17 October 2018, 09:31
Jiming Huang
0
52

jpy

Pivot (invalidation): 112.15

Our preference

Long positions above 112.15 with targets at 112.50 & 112.75 in extension.

Alternative scenario

Below 112.15 look for further downside with 111.95 & 111.70 as targets.

Comment

The RSI is supported by a rising trend line.

(By Swissquote TRADING CENTRAL) 

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