We're sellers towards 105.545 | 24 May 2021

24 May 2021, USD/JPY

We're sellers towards 105.545

Wave Analysis

The US dollar continues to rally below the upper trendline. While we are not able to clearly close above the upper trendline, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price is the continuation of the impulsive wave (c) to the lowerside and should break below 107.817 towards 106.175 or even lower. As it is now, keep looking for long term sell positions expecting the price to break below 106.175 towards 104.930. A breakout below this level will push the price much lower towards 103.685.

rade Recommendations:

We're sellers towards 105.545

This is the seventh portfolio developed by FreshForex specialists. Each of the previous six portfolios showed positive results, with a total return of 86.2%.

It’s easy to get the portfolio:

1. Make a deposit of $80 or more until May 30.

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