(22 MARCH 2019)USD/JPY:The bias remains bullish.

(22 MARCH 2019)USD/JPY:The bias remains bullish.

22 March 2019, 08:59
Jiming Huang
0
15

jpy

Pivot (invalidation): 110.55

Our preference

Long positions above 110.55 with targets at 110.95 & 111.15 in extension.

Alternative scenario

Below 110.55 look for further downside with 110.30 & 110.00 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

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