(03 JULY 2019)USD/JPY:The downside prevails.

(03 JULY 2019)USD/JPY:The downside prevails.

3 July 2019, 09:02
Jiming Huang
0
33

jp

Pivot (invalidation): 107.90

Our preference

Short positions below 107.90 with targets at 107.35 & 107.10 in extension.

Alternative scenario

Above 107.90 look for further upside with 108.10 & 108.30 as targets.

Comment

The RSI has broken down its 30 level. 

(By Swissquote TRADING CENTRAL)

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