manager photo manager photo
We will be pleased to answer any questions you may have



Get bonus

Log in

wait and sell Usd at 114.38

14 November 2017, USD/JPY

Technical Observation:
Usd is currently trading with a slowly increasing bullish momentum is still above a weekly pivot line 113.79. While the price is still above this pivot line, I expect a breakout above the daily resistance line 114.38 to long Usd with my take profit fixed at 118.65. If the price rises above this take profit then further rise towards 121.00 is expected. As it is, my advice is to wait and sell Usd at 114.38 with your take profit at 108.25.
Technical Levels
Resistance levels
R1: 114.48
R2: 115.43
R3: 117.08
Support Levels
S1: 110.49
S2: 112.14
S3: 112.84
Trade Signal
wait and sell Usd at 114.38 towards 108.25

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
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 .