Detailed forecast USD/JPY to Dec. 1

2019-12-02 13:48:27

Our preference: long positions above 108.00 with targets at 110.50 & 112.00 in extension.

Alternative scenario: below 108.00 look for further downside with 107.00 & 106.45 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

114.15
112.00
110.50
109.48
108.00 (Pivot)
107.00
106.45


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