USD/JPY The Downside Prevails

BY admin admin

<p>Pivot (invalidation): 111.25 Our preference Short positions below 111.25 with targets at 109.50 & 108.80 in extension. Alternative scenario Above 111.25 look for further upside with 112.00 & 112.65 as targets. Comment The RSI is bearish and calls for further downside.</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/281797-usd-jpy-the-downside-prevails-30/">USD/JPY The Downside Prevails</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

CFTC Commitments of Traders – British Pound Slumped as BOE Refrained from Hike Rate

<p>As suggested in the CFTC Commitments of Traders report in the week ended November 2, NET LENGTH of USD index futures added +525 contracts to 34 982. Bets increased on longs but dropped on sho

Forex

German CPI Below Forecasts, EURUSD Fights for 1.05

<p><img width="499" height="346" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-germany2.jpg" class="attachment-post-thumbnail size-p

Forex

GBP/USD Takes a Hit as Weak Eurozone Data Bolster Haven Greenback

<p>The GBP/USD pair experienced a minor setback in trading on Friday as a result of disappointing economic data emanating from the Eurozone. The weak data not only dampened market sentiment but

Copyright © 2024 | WordPress Theme: Xews Lite