(08 November 2019)USD/JPY Intraday support around 109.10.

(08 November 2019)USD/JPY Intraday support around 109.10.

8 November 2019, 08:59
Jiming Huang
0
28

jp
Pivot
 (invalidation): 109.10
Our preference
Long positions above 109.10 with targets at 109.35 & 109.50 in extension.
Alternative scenario
Below 109.10 look for further downside with 108.90 & 108.75 as targets.
Comment
A support base at 109.10 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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