(07 JANUARY 2019)USD/JPY:Turning down.

(07 JANUARY 2019)USD/JPY:Turning down.

7 January 2019, 08:55
Jiming Huang
0
70

jpy

Pivot (invalidation): 108.65

Our preference

Short positions below 108.65 with targets at 107.90 & 107.45 in extension.

Alternative scenario

Above 108.65 look for further upside with 109.15 & 109.50 as targets.

Comment

The RSI shows downside momentum

(By Swissquote TRADING CENTRAL) 


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