(12 FEBRUARY 2019)USD/JPY:Further upside.

(12 FEBRUARY 2019)USD/JPY:Further upside.

12 February 2019, 08:44
Jiming Huang
0
17

jpy

Pivot (invalidation): 110.30

Our preference

Long positions above 110.30 with targets at 110.80 & 111.10 in extension.

Alternative scenario

Below 110.30 look for further downside with 110.10 & 109.90 as targets.

Comment

The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)


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