(29 MAY 2019)USD/JPY:Towards 109.00.

(29 MAY 2019)USD/JPY:Towards 109.00.

29 May 2019, 09:20
Jiming Huang
0
48

jp

Pivot (invalidation): 109.60

Our preference

Short positions below 109.60 with targets at 109.20 & 109.00 in extension.

Alternative scenario

Above 109.60 look for further upside with 109.75 & 109.95 as targets.

Comment

A break below 109.20 would trigger a drop towards 109.00.

(By Swissquote TRADING CENTRAL)


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