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Buy USDJPY now with your take profit at 109.440.

Buy USDJPY now with your take profit at 109.440. | 12 November 2019

12 November 2019, USD/JPY

Buy USDJPY now with your take profit at 109.440.

Technical Observation

After a slight rally to the lowerside, the Us Dollar is currently rallying to the upperside and has just shown an upward rally. While the up trend is true and the price is still above 108.840, I expect further momentum to the upper side and should continue rallying higher towards 109.440. A break above this level will push the price even higher with the next ideal take profit at 110.00 or even higher. And on the other side, should the price close and break below 108.840, then this will give us an ideal place to look for a sell.

Trade Recommendations:

Buy USDJPY now with your take profit at 109.440.

TRADE FUEL WITHOUT SWAPS!
Imelda Maseno
Analyst of «FreshForex» company
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