(11 FEBRUARY 2019)USD/JPY:Further advance.

(11 FEBRUARY 2019)USD/JPY:Further advance.

11 February 2019, 08:47
Jiming Huang
0
13

jpy

Pivot (invalidation): 109.70

Our preference

Long positions above 109.70 with targets at 110.10 & 110.30 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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