(05 APRIL 2019)USD/JPY:112.00 expected.

(05 APRIL 2019)USD/JPY:112.00 expected.

5 April 2019, 09:52
Jiming Huang
0
46

jpy

Pivot (invalidation): 111.50

Our preference

Long positions above 111.50 with targets at 111.90 & 112.00 in extension.

Alternative scenario

Below 111.50 look for further downside with 111.30 & 111.15 as targets.

Comment

The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL)

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