We're holding onto the previous week's buy position with an ideal target set at 114.036. | 01 July 2021

01 July 2021, USD/JPY

We're holding onto the previous week's buy position with an ideal target set at 114.036.

Wave Analysis
The USDJPY continues to rally to the lowerside but is Bullish in Overall. While the price remains above the Alligator indicator lines, we expect a continuation of the current impulsive wave count and should push the price much higher with the next ideal target set 114.36. A breakout above this level will mean we are continuing much higher. On the flipside, if the price breaks below the Alligator indicator lines, we expect nothing but a possible momentum to the lowerside. This will be a correction of the current impulsive wave count but should not go beyond 107.
Trade Recommendations:
We're holding onto the previous week's buy position with an ideal target set at 114.036.

Profit within arm’s reach The strategy's profitability over the past year and a half was 129%. The strategy has simple and understandable rules, trading on it takes 5 minutes a day. Inside you find the level of opening positions, Take Profit and Stop Loss levels. To ensure profitable trading, implement the FreshForex strategy today: 1) Deposit $90 or more in your trading account from June 2 to June 29, 2021. Your deposit is fully available for trading. 2) Send a request to school@freshforex.com and specify your account number. Make a note in the email that you want to receive a strategy.

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