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Buy from 108.006-107.971 towards 108.355.

Buy from 108.006-107.971 towards 108.355. | 23 July 2019

23 July 2019, USD/JPY

Buy from 108.006-107.971 towards 108.355.

Technical Observation:

The US Dollar is currently trading with an increasing bullish bias momentum. While the price is held above 108.006-107.971, I expect a possible momentum to the upper side, earlier today, the price went above this zone and is still pretty much above it, I expect further momentum to the upperside only if the price can pullback to the lowerside but should not go below 107.871, however, if price breaks below this line, then I'll expect a possible momentum to the lowerside towards 107.770.

Trade Signal:

Buy from 108.006-107.971 towards 108.355.

Imelda Maseno
Analyst of «FreshForex» company
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