(10 DECEMBER 2018)USD/JPY:Watch 112.00.

(10 DECEMBER 2018)USD/JPY:Watch 112.00.

10 December 2018, 08:48
Jiming Huang
0
18

jpy

Pivot (invalidation): 112.60

Our preference

Short positions below 112.60 with targets at 112.20 & 112.00 in extension.

Alternative scenario

Above 112.60 look for further upside with 112.75 & 112.95 as targets.

Comment

A break below 112.20 would trigger a drop towards 112.00.

(By Swissquote TRADING CENTRAL) 

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