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Evening analysis of USD/JPY for Tuesdayto Nov. 12, 2019



USD/JPY Intraday: turning down.
Pivot: 109.18

Our preference: short positions below 109.18 with targets at 108.95 & 108.86 in extension.

Alternative scenario: above 109.18 look for further upside with 109.29 & 109.40 as targets.

Comment: the RSI shows downside momentum.


Supports and resistances:

109.40
109.29
109.18
109.07 Last
108.95
108.86
108.78

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