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

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

23 December 2019, 09:14
Jiming Huang
0
75

jp
Pivot
 (invalidation): 109.30
Our preference
Long positions above 109.30 with targets at 109.55 & 109.70 in extension.
Alternative scenario
Below 109.30 look for further downside with 109.15 & 109.05 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

Share it with friends: