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

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

6 February 2020, 08:45
Jiming Huang
0
56

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)

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