(06 AUGUST 2019)USD/JPY:The bias remains bullish.

(06 AUGUST 2019)USD/JPY:The bias remains bullish.

6 August 2019, 08:52
Jiming Huang
0
46

jpy

Pivot (invalidation): 105.80

Our preference

Long positions above 105.80 with targets at 106.65 & 107.00 in extension.

Alternative scenario

Below 105.80 look for further downside with 105.55 & 105.30 as targets.

Comment

The RSI shows upside momentum.


(By Swissquote TRADING CENTRAL)

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