(23 APRIL 2019)USD/JPY:The downside prevails.

(23 APRIL 2019)USD/JPY:The downside prevails.

23 April 2019, 09:33
Jiming Huang
0
11

jpy

Pivot (invalidation): 111.95

Our preference

Short positions below 111.95 with targets at 111.65 & 111.50 in extension.

Alternative scenario

Above 111.95 look for further upside with 112.05 & 112.15 as targets.

Comment

The RSI advocates for further decline.

(By Swissquote TRADING CENTRAL)


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