We're short with an ultimate target at 105.50.

10 January 2019, USD/JPY

Wave Analysis

Perfectly as previously forecasted, the US Dollar rallied to the lowerside and is still very bearish both on the daily and the weekly charts. As long as the price remains below 108.00, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the impulsive wave (c) to the lowerside and should break below 107.87 to the lowerside towards 106.65. According to the 30 minutes chart attached, only sell positions looks more ideal and can be recommended.

Trade Recommendations:

We're short with an ultimate target at 105.50.

Graham Osano
Agree with the review?
Traders' opinion:
Close
Log in
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 .
© 2004—2019 FreshForex – Forex broker
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Call

Get bonus