(28 FEBRUARY 2019)USD/JPY:The bias remains bullish.

(28 FEBRUARY 2019)USD/JPY:The bias remains bullish.

28 February 2019, 09:20
Jiming Huang
0
42

jpy

Pivot (invalidation): 110.70

Our preference

Long positions above 110.70 with targets at 111.05 & 111.20 in extension.

Alternative scenario

Below 110.70 look for further downside with 110.50 & 110.30 as targets.

Comment

The RSI is above its neutrality area at 50%.

(By Swissquote TRADING CENTRAL)

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