(29 JULY 2019)GUSD/JPY:108.25 expected.

(29 JULY 2019)GUSD/JPY:108.25 expected.

29 July 2019, 08:58
Jiming Huang
0
60

jp

Pivot (invalidation): 108.65

Our preference

Short positions below 108.65 with targets at 108.40 & 108.25 in extension.

Alternative scenario

Above 108.65 look for further upside with 108.75 & 108.85 as targets.

Comment

A break below 108.40 would trigger a drop towards 108.25.

(By Swissquote TRADING CENTRAL)


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