(11 December 2019)USD/JPY Bullish bias above 108.65.

(11 December 2019)USD/JPY Bullish bias above 108.65.

11 December 2019, 09:46
Jiming Huang
0
71

jp
Pivot
 (invalidation): 108.65
Our preference
Long positions above 108.65 with targets at 108.85 & 109.00 in extension.
Alternative scenario
Below 108.65 look for further downside with 108.50 & 108.40 as targets.
Comment
A support base at 108.65 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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