(08 FEBRUARY 2019)USD/JPY:Towards 109.40.

(08 FEBRUARY 2019)USD/JPY:Towards 109.40.

8 February 2019, 12:03
Jiming Huang
0
17

jpy

Pivot (invalidation): 109.90

Our preference

Short positions below 109.90 with targets at 109.60 & 109.40 in extension.

Alternative scenario

Above 109.90 look for further upside with 110.10 & 110.35 as targets.

Comment

A break below 109.60 would trigger a drop towards 109.40.

(By Swissquote TRADING CENTRAL)


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