(04 DECEMBER 2018)USD/JPY:The Descending Curve prevails.

(04 DECEMBER 2018)USD/JPY:The Descending Curve prevails.

4 December 2018, 09:01
Jiming Huang
0
52

jpy

Pivot Point (level of invalidation 113.50):

Our preference

Short positions under 113.50 113,00 112.75 goals and in extension.

Alternative scenario

Above 113.50 seek Greater Upward with 113,70 Indication and 113,85 as targets.

Technical Commentary

The immediate trend is down and the momentum is strong.

(By Swissquote TRADING CENTRAL) 


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