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

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

22 July 2019, 09:01
Jiming Huang
0
40

jp

Pivot (invalidation): 107.80

Our preference

Long positions above 107.80 with targets at 108.15 & 108.35 in extension.

Alternative scenario

Below 107.80 look for further downside with 107.65 & 107.50 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

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