14 November 2017, USD/JPY
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.
wait and sell Usd at 114.38 towards 108.25
Imelda MasenoAnalyst of «FreshForex» company