(20 FEBRUARY 2019)USD/JPY:Bullish bias above 110.65.

(20 FEBRUARY 2019)USD/JPY:Bullish bias above 110.65.

20 February 2019, 09:09
Jiming Huang
0
43

jpy

Pivot (invalidation): 110.65

Our preference

Long positions above 110.65 with targets at 110.95 & 111.15 in extension.

Alternative scenario

Below 110.65 look for further downside with 110.45 & 110.25 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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