(26 MARCH 2019)USD/JPY:Limited upside.

(26 MARCH 2019)USD/JPY:Limited upside.

26 March 2019, 08:56
Jiming Huang
0
11

jpy

Pivot (invalidation): 109.90

Our preference

Long positions above 109.90 with targets at 110.25 & 110.50 in extension.

Alternative scenario

Below 109.90 look for further downside with 109.70 & 109.40 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

(By Swissquote TRADING CENTRAL)


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