(27 MARCH 2019)USD/JPY:110.95 expected.

(27 MARCH 2019)USD/JPY:110.95 expected.

27 March 2019, 09:20
Jiming Huang
0
53

jpy

Pivot (invalidation): 110.30

Our preference

Long positions above 110.30 with targets at 110.70 & 110.95 in extension.

Alternative scenario

Below 110.30 look for further downside with 110.00 & 109.70 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

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