(05 JUNE 2019)USD/JPY:Caution.

(05 JUNE 2019)USD/JPY:Caution.

5 June 2019, 09:03
Jiming Huang
0
14

jp

Pivot (invalidation): 108.00

Our preference

Long positions above 108.00 with targets at 108.25 & 108.35 in extension.

Alternative scenario

Below 108.00 look for further downside with 107.80 & 107.55 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

(By Swissquote TRADING CENTRAL)


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