(20 January 2020)USD/JPY The bias remains bullish.

(20 January 2020)USD/JPY The bias remains bullish.

20 January 2020, 09:02
Jiming Huang
0
86

jp
Pivot
 (invalidation): 110.00
Our preference
Long positions above 110.00 with targets at 110.30 & 110.45 in extension.
Alternative scenario
Below 110.00 look for further downside with 109.90 & 109.80 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)