(02 AUGUST 2019)USD/JPY:Towards 106.25.

(02 AUGUST 2019)USD/JPY:Towards 106.25.

2 August 2019, 09:09
Jiming Huang
0
56

jp

Pivot (invalidation): 107.55

Our preference

Short positions below 107.55 with targets at 106.70 & 106.25 in extension.

Alternative scenario

Above 107.55 look for further upside with 107.90 & 108.20 as targets.

Comment

The RSI has broken down its 30 level. 

(By Swissquote TRADING CENTRAL)


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