(20 December 2019)USD/JPY Bullish bias above 109.20.

(20 December 2019)USD/JPY Bullish bias above 109.20.

20 December 2019, 08:50
Jiming Huang
0
84

JP
Pivot
 (invalidation): 109.20
Our preference
Long positions above 109.20 with targets at 109.40 & 109.50 in extension.
Alternative scenario
Below 109.20 look for further downside with 109.10 & 108.95 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

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