Remain long topwards 114.131.

12 February 2019, USD/JPY

Remain long topwards 114.131.

Wave Analysis

The US Dollar is currently trading with an increasing bullish bias momentum. We took a buy position from the weekly support level 108.541 and is still holding. Our expectations is that the price should continue to surge even higher towards the next weekly level 114.131. This upward rally is highly anticipated since the previous month candle was a bullish pin bar and could push price higher towards 114.131, and in case the price break above this level, then a move even higher towards 117.549 is expected.

Trade Recommendation:

Remain long towards 114.131.

BECOME FRESHFOREX ANALYST!

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