(19 OCTOBER 2018)USD/JPY:Turning up.

(19 OCTOBER 2018)USD/JPY:Turning up.

19 October 2018, 14:40
Jiming Huang
0
69

jpy

Pivot (invalidation): 112.10

Our preference

Long positions above 112.10 with targets at 112.60 & 112.75 in extension.

Alternative scenario

Below 112.10 look for further downside with 111.95 & 111.70 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)