Wait | 12 November 2019

12 November 2019, USD/JPY

Wave Analysis

Nothing much has happened on this pair since the beginning of this week, we expect the current rally to the upperside to continue even higher but should not go above the upper trendline. In case of a break above 109.50, than we'll wait for another break above 109.70 to confirm that we're continuing to the upperside with the next ideal target at 110.00 or even higher. This view can only be rendered futile in case the price breaks and closes below 100.70, if this is the case, then a momentum to the lowerside is expected.

Trade Recommendations:

Wait

TRADE FUEL 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