(07 JUNE 2019)USD/JPY:108.70 expected.

(07 JUNE 2019)USD/JPY:108.70 expected.

7 June 2019, 09:39
Jiming Huang
0
14

tr

Pivot (invalidation): 108.30

Our preference

Long positions above 108.30 with targets at 108.55 & 108.70 in extension.

Alternative scenario

Below 108.30 look for further downside with 108.05 & 107.85 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

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