(05 DECEMBER 2018) USD/JPY: Rebound.

(05 DECEMBER 2018) USD/JPY: Rebound.

5 December 2018, 09:05
Jiming Huang
0
55

jpy

Pivot (invalidation): 112.65

Our preference

Long positions above 112.65 with targets at 113.15 & 113.40 in extension.

Alternative scenario

Below 112.65 look for further downside with 112.45 & 112.30 as targets.

Comment

The RSI is bullish and calls for further upside

(By Swissquote TRADING CENTRAL) 

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