Sell the US Dollar from 108.200 with your take profit at 104.860. | 24 September 2019

24 September 2019, USD/JPY

Wave Analysis

After failing to sustain the break above the upper trendline. US Dollar corrected itself to the lowerside and is now rallying below the same trendline. While the price is contained below this trendline, we're expecting a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of a corrective wave count and should extend even lower with the next ideal target being 104.860. If this target is broken, then further momentum to the lowerside. As it is on this chart, only sell positions can be recommended.

Trade Recommendations:

Sell the US Dollar from 108.200 with your take profit at 104.860.

TRADE METALS WITHOUT SWAPS!
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