Wait | 21 January 2020

21 January 2020, USD/JPY

Wave Analysis

The US Dollar is currently in range not going above 109.360 or below 109.013. If the price breaks and closes above the level 109.360, then this will be a good sign that we are continuing to the upper side, but should the price break and close below 109.013, then this will signal a possible continuation to the lower side towards 107.750. If the price fails to close below 109.013, then this will be a good place to consider a low risk buy position towards 109.360 a break above will push the price much higher towards 114.21.

Trade Recommendations:

Wait.

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