(06 February 2020)USD/JPY Supported by a rising trend line.
Analytics & Forecasts

(06 February 2020)USD/JPY Supported by a rising trend line.

6 February 2020, 08:45
Jiming Huang
Jiming Huang
0
127

jp
Pivot
 (invalidation): 109.70
Our preference
Long positions above 109.70 with targets at 110.15 & 110.30 in extension.
Alternative scenario
Below 109.70 look for further downside with 109.50 & 109.30 as targets.
Comment
The RSI advocates for further advance.

(By Swissquote TRADING CENTRAL)

#USD/JPY Supported by a rising trend line. Pivot (invalidation): 109.70 Our preference Long positi