Buy now | 12 December 2017

12 December 2017, USD/JPY

Buy now
Technical Observation:
So far, I've not seen any significant move to my take profit set at 114.80. Last week's candle was a perfect bullish continuation candle and means the price could spike upwards and even breakout above 114.80. As it on the weekly chart above, only a buy position looks more ideal and can be recommended with an ideal take profit at 114.80. Should the price breakout above 114.23, then I'll wait for a breakout above 114.80 to confirm a bullish price rally towards 118.45 or even higher.
Technical Levels
Resistance levels
R1: 113.1
R2: 114
R3: 116.04
Pivot
113.97
Support Levels
S1: 107.9
S2: 109.94
S3: 111.06
Trade Signal
Long Usd now with a take profit at 118.45

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
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