(07 FEBRUARY 2019)USD/JPY:Aim @ 110.35.

(07 FEBRUARY 2019)USD/JPY:Aim @ 110.35.

7 February 2019, 09:09
Jiming Huang
0
19

jpy

Pivot (invalidation): 109.70

Our preference

Long positions above 109.70 with targets at 110.05 & 110.35 in extension.

Alternative scenario

Below 109.70 look for further downside with 109.55 & 109.40 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

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