(12 November 2019)USD/JPY The upside prevails.

(12 November 2019)USD/JPY The upside prevails.

12 November 2019, 08:57
Jiming Huang
0
69

jp
Pivot
 (invalidation): 109.00
Our preference
Long positions above 109.00 with targets at 109.25 & 109.45 in extension.
Alternative scenario
Below 109.00 look for further downside with 108.90 & 108.75 as targets.
Comment
Technically the RSI is above its neutrality area at 50

(By Swissquote TRADING CENTRAL)