(11 October 2019)USD/JPY Bullish bias above 107.80.

(11 October 2019)USD/JPY Bullish bias above 107.80.

11 October 2019, 09:00
Jiming Huang
0
25

jp
Pivot
 (invalidation): 107.80
Our preference
Long positions above 107.80 with targets at 108.15 & 108.30 in extension.
Alternative scenario
Below 107.80 look for further downside with 107.55 & 107.35 as targets.
Comment
A support base at 107.80 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


Share it with friends: