(25 JUNE 2019)USD/JPY:Aim @ 106.50.

(25 JUNE 2019)USD/JPY:Aim @ 106.50.

25 June 2019, 09:07
Jiming Huang
0
61

jpy

Pivot (invalidation): 107.45

Our preference

Short positions below 107.45 with targets at 106.80 & 106.50 in extension.

Alternative scenario

Above 107.45 look for further upside with 107.70 & 107.85 as targets.

Comment

The RSI has broken down its 30 level. 

(By Swissquote TRADING CENTRAL)