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analysing USD/JPY  for Tuesdayto Nov. 12, 2019,

 

USD/JPY Intraday: further advance.
Pivot: 109.00

Our preference: long positions above 109.00 with targets at 109.45 & 109.60 in extension.

Alternative scenario: below 109.00 look for further downside with 108.90 & 108.75 as targets.

Comment: the RSI is bullish and calls for further upside. The pair validated a Falling Wedge: a bullish continuation pattern.

Supports and resistances:

109.95
109.60
109.45
109.20 Last
109.00
108.90
108.75


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