(24 JULY 2019)USD/JPY:The bias remains bullish.

(24 JULY 2019)USD/JPY:The bias remains bullish.

24 July 2019, 09:18
Jiming Huang
0
57

jp

Pivot (invalidation): 108.00

Our preference

Long positions above 108.00 with targets at 108.35 & 108.60 in extension.

Alternative scenario

Below 108.00 look for further downside with 107.80 & 107.60 as targets.

Comment

A support base at 108.00 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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