(07 NOVEMBER 2018)USD/JPY:Under pressure.

(07 NOVEMBER 2018)USD/JPY:Under pressure.

7 November 2018, 09:09
Jiming Huang
0
127

jppy

Pivot (invalidation): 113.50

Our preference

Short positions below 113.50 with targets at 112.95 & 112.75 in extension.

Alternative scenario

Above 113.50 look for further upside with 113.75 & 114.00 as targets.

Comment

As Long as the resistance at 113.50 is not surpassed, the risk of the break below 112.95

remains high. 

(By Swissquote TRADING CENTRAL) 

Share it with friends: