(18 JANUARY 2019)USD/JPY:The bias remains bullish.

(18 JANUARY 2019)USD/JPY:The bias remains bullish.

18 January 2019, 09:03
Jiming Huang
0
65

jpy

Pivot (invalidation): 109.10

Our preference

Long positions above 109.10 with targets at 109.75 & 110.00 in extension.

Alternative scenario

Below 109.10 look for further downside with 108.90 & 108.65 as targets.

Comment

The RSI shows upside momentum.

(By Swissquote TRADING CENTRAL)

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