(17 December 2019)USD/JPY Supported by a rising trend line.

(17 December 2019)USD/JPY Supported by a rising trend line.

17 December 2019, 09:02
Jiming Huang
0
83

jp
Pivot
 (invalidation): 109.45
Our preference
Long positions above 109.45 with targets at 109.70 & 109.85 in extension.
Alternative scenario
Below 109.45 look for further downside with 109.30 & 109.15 as targets.
Comment
A support base at 109.45 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


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