(24 DECEMBER 2018)USD/JPY:  Under Pressure.

(24 DECEMBER 2018)USD/JPY: Under Pressure.

24 December 2018, 09:06
Jiming Huang
0
57

jpy

Pivot Point (level of invalidation 111,45):

Our preference

Short positions under 111,45 goals and 110,75 110,35 in extension.

Alternative scenario

Up 111,45 seek Greater indication upwards and 112,15 111,80 as objectives.

Technical Commentary

While Resistance in 111,45 is not exceeded, the risk of a break below

110,75 remains high.

(By Swissquote TRADING CENTRAL)