(12 DECEMBER 2018)USD/JPY:Further advance.

(12 DECEMBER 2018)USD/JPY:Further advance.

12 December 2018, 08:51
Jiming Huang
0
66

jpy

Pivot (invalidation): 113.20

Our preference

Long positions above 113.20 with targets at 113.70 & 113.85 in extension.

Alternative scenario

Below 113.20 look for further downside with 113.00 & 112.80 as targets.

Comment

The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL) 

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