(18 APRIL 2019)USD/JPY:Caution.

(18 APRIL 2019)USD/JPY:Caution.

18 April 2019, 09:41
Jiming Huang
0
9

jp

Pivot (invalidation): 111.90

Our preference

Long positions above 111.90 with targets at 112.15 & 112.35 in extension.

Alternative scenario

Below 111.90 look for further downside with 111.80 & 111.65 as targets.

Comment

A support base at 111.90 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


Share it with friends: