Buy a break above 107.845 with your take profit at 110.00. | 11 September 2019

11 September 2019, USD/JPY

Buy a break above 107.845 with your take profit at 110.00.

Wave Analysis

Since the previous trading day, the US Dollar continued to the upper side and is still pretty much bullish both on the daily and on the weekly charts. During this trading day and possibly in the next few days, we expect to continue buying this pair. The anticipated bullish price rally is the continuation of the impulsive waves (5) and (v) and should break above 107.845 towards 110.00 or even higher. As it is on this pair, only buy positions looks ideal and can be recommended especially if price can go above 107.845.

Trade Recommendations:

Buy a break above 107.845 with your take profit at 110.00.

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

Write

Get bonus