wait | 11 March 2020

11 March 2020, USD/JPY

Wave Analysis

After a spike to the lower side, the Us Dollar is currently pulling back to the upper side. As it is on the hourly chart,we are seeing the possibility that the US Dollar collar could be turning into a buy. And as long as the price is held above the Envelopes set moving averages, we expect nothing but a possible momentum to the upper side. Ideally, we are expecting a possible correction to the upper side but should not go beyond 107.160. ON this flip side, a break and a close below 101.800 will give us a good opportunity to pick a sell.

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