(19 DECEMBER 2018)USD/JPY:The downside prevails.

(19 DECEMBER 2018)USD/JPY:The downside prevails.

19 December 2018, 08:57
Jiming Huang
0
51

jp

Pivot (invalidation): 112.60

Our preference

Short positions below 112.60 with targets at 112.00 & 111.80 in extension.

Alternative scenario

Above 112.60 look for further upside with 112.85 & 113.05 as targets.

Comment

The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL) 

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