Buy USD around 110.28 towards 111.51 | 17 August 2018

17 August 2018, USD/JPY

Buy USD around 110.28 towards 111.51

technical Observation

Today, I expect the USD to trade within an equilibrium range, not going above 111.51 or below 110.13. If the price should break out of these lines, then I'll pick a trade depending on the direction of the breakout. As it is on the hourly chart attached, I'm waiting for a bounce from 110.78 to pick an upward position with my take profit fixed at 111.51. If this line is taken out, then further rally towards 1112.16 is expected.

Trade Signal.

Buy USD around 110.28 towards 111.51

101% Double the volume

!Attention!
All bonus participates in drawdown!
More detailed

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