(01 JULY 2019)USD/JPY:The upside prevails.

(01 JULY 2019)USD/JPY:The upside prevails.

1 July 2019, 09:13
Jiming Huang
0
48

jp

Pivot (invalidation): 107.90

Our preference

Long positions above 107.90 with targets at 108.50 & 108.70 in extension.

Alternative scenario

Below 107.90 look for further downside with 107.70 & 107.55 as targets.

Comment

The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL)

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