(04 MARCH 2019)USD/JPY:Further upside.

(04 MARCH 2019)USD/JPY:Further upside.

4 March 2019, 08:51
Jiming Huang
0
50

jpy

Pivot (invalidation): 111.60

Our preference

Long positions above 111.60 with targets at 112.25 & 112.50 in extension.

Alternative scenario

Below 111.60 look for further downside with 111.30 & 111.05 as targets.

Comment

The RSI calls for a new upleg

(By Swissquote TRADING CENTRAL)

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