USD/JPY Currency exchange rate forecast 19.08.2019: further upside.

USD/JPY Currency exchange rate forecast 19.08.2019: further upside.

Long positions above 106.30 with targets at 106.75 & 106.95 in extension.

Pivot: 106.30

Our preference: long positions above 106.30 with targets at 106.75 & 106.95 in extension.

Alternative scenario: below 106.30 look for further downside with 106.15 & 105.95 as targets.

Comment: the RSI advocates for further advance.

Supports and resistances:

107.25

106.95

106.75

106.55 Last

106.30

106.15

105.95

Leave a comment

Your email address will not be published.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