(24 December 2019)USD/JPY Bullish bias above 109.30.

(24 December 2019)USD/JPY Bullish bias above 109.30.

24 December 2019, 09:02
Jiming Huang
0
81

jp
Pivot
 (invalidation): 109.30
Our preference
Long positions above 109.30 with targets at 109.50 & 109.65 in extension.
Alternative scenario
Below 109.30 look for further downside with 109.15 & 109.05 as targets.
Comment
A support base at 109.30 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)

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