(09 January 2020)USD/JPY The upside prevails.

(09 January 2020)USD/JPY The upside prevails.

9 January 2020, 08:58
Jiming Huang
0
83

jp
Pivot
 (invalidation): 108.95
Our preference
Long positions above 108.95 with targets at 109.45 & 109.60 in extension.
Alternative scenario
Below 108.95 look for further downside with 108.80 & 108.60 as targets.
Comment
The RSI is bullish and calls for further upside

(By Swissquote TRADING CENTRAL)

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