(22 OCTOBER 2018)USD/JPY:Further advance.

(22 OCTOBER 2018)USD/JPY:Further advance.

22 October 2018, 09:20
Jiming Huang
0
60

jpy

Pivot (invalidation): 112.35

Our preference

Long positions above 112.35 with targets at 112.75 & 113.00 in extension.

Alternative scenario

Below 112.35 look for further downside with 112.20 & 112.05 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL) 

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