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



Get bonus

Log in

Buy the US Dollar above 111.040.

11 July 2018, USD/JPY

Buy the US Dollar above 111.040.

Wave Analysis

During the previous trading day, the Us Dollar attempted a break above the short term daily resistance line 111.040 but could not contain this breakout, rather, the price pulled back to the lower side and is now below the same line. The previous day's pin bar candle is a possible sell candle, and as long as the level 111.040 remains intact, we expect a possible momentum to the lower side. However, should the price break above 111.040, then this will be a good place to look for a long position towards 114.329.

Trade Recommendations:

Buy the US Dollar above 111.040.

Do you know against which currencies JPY is the most profitable?

More trading assets here...

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 .