(04 JANUARY 2019)USD/JPY:Further upside.

(04 JANUARY 2019)USD/JPY:Further upside.

4 January 2019, 09:08
Jiming Huang
0
53

jpy

Pivot (invalidation): 107.35

Our preference

Long positions above 107.35 with targets at 108.85 & 109.50 in extension.

Alternative scenario

Below 107.35 look for further downside with 106.80 & 105.80 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL) 


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