(13 September 2019 )USD/JPY Target 108.55.

(13 September 2019 )USD/JPY Target 108.55.

13 September 2019, 09:21
Jiming Huang
0
62

jp
Pivot
 (invalidation): 107.95
Our preference
Long positions above 107.95 with targets at 108.25 & 108.55 in extension.
Alternative scenario
Below 107.95 look for further downside with 107.65 & 107.50 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)