(10 APRIL 2019)USD/JPY:Key resistance at 111.25.

(10 APRIL 2019)USD/JPY:Key resistance at 111.25.

10 April 2019, 09:45
Jiming Huang
0
13

jp

Pivot (invalidation): 111.25

Our preference

Short positions below 111.25 with targets at 111.00 & 110.80 in extension.

Alternative scenario

Above 111.25 look for further upside with 111.40 & 111.55 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

(By Swissquote TRADING CENTRAL)


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