manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Call

Get bonus

Close
Log in

Sell the US Dollar upon a rebound from 107.85

13 March 2018, USD/JPY

Sell the US Dollar upon a rebound from 107.85

Wave Analysis:

During the previous trading day, the US dollar continues to correct itself to the upper side but is still several pips below our sellers territory 107.65. Today and in the next few days, we expect a rise towards 107.86 to sell this pair at the least risk possible. Should the price break above 107.85, then we expect further bullish price rally towards 111.11 or even higher but should not go beyond 114.55. If the price should break below 105.38, then this will be another good place to sell this pair. This pair should be traded alongside CADJPY, NZDJPY, CHFJPY and AUDJPY.

Trade Recommendations:

Sell the US Dollar upon a rebound from 107.85

FreshForex cancels commissions!

Graham Osano
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .