(23 JANUARY 2019)USD/JPY:Further advance.

(23 JANUARY 2019)USD/JPY:Further advance.

23 January 2019, 09:04
Jiming Huang
0
14

jpy

Pivot (invalidation): 109.30

Our preference

Long positions above 109.30 with targets at 109.90 & 110.25 in extension.

Alternative scenario

Below 109.30 look for further downside with 109.10 & 108.85 as targets.

Comment

The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)


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