(08 NOVEMBER 2018)USD/JPY:Target 114.20.

(08 NOVEMBER 2018)USD/JPY:Target 114.20.

9 November 2018, 03:59
Jiming Huang
0
15

jpy

Pivot (invalidation): 113.45

Our preference

Long positions above 113.45 with targets at 114.00 & 114.20 in extension.

Alternative scenario

Below 113.45 look for further downside with 113.20 & 112.95 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL) 


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