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HomeContributorsTechnical AnalysisUSD/JPY Bullish Bias Above 111.85

USD/JPY Bullish Bias Above 111.85

Swissquote Bank SA
By Swissquote Bank SA

Pivot (invalidation): 111.85

Our preference Long positions above 111.85 with targets at 112.10 & 112.20 in extension.

Alternative scenario Below 111.85 look for further downside with 111.65 & 111.50 as targets.

Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Swissquote Bank SA
Swissquote Bank SAhttp://en.swissquote.com/fx
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