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

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

22 January 2019, 09:03
Jiming Huang
0
17

jpy

Pivot (invalidation): 109.70

Our preference

Short positions below 109.70 with targets at 109.30 & 109.10 in extension.

Alternative scenario

Above 109.70 look for further upside with 109.90 & 110.10 as targets.

Comment

The RSI has broken down its 30 level. 

(By Swissquote TRADING CENTRAL)

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