(06 FEBRUARY 2019)USD/JPY:Under pressure.

(06 FEBRUARY 2019)USD/JPY:Under pressure.

6 February 2019, 13:22
Jiming Huang
0
17

jpy

Pivot (invalidation): 110.05

Our preference

Short positions below 110.05 with targets at 109.60 & 109.40 in extension.

Alternative scenario

Above 110.05 look for further upside with 110.20 & 110.45 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)


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