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Wait for a rebuy from 108.441.

Wait for a rebuy from 108.441. | 13 November 2019

13 November 2019, USD/JPY

Wait for a rebuy from 108.441.

Technical Observation

On this chart, the key level to focus on include 100.522, a monthly support, 104.651, 108.441 and 114.222, all are weekly levels. Following the break above 106.441, we expect a possible continuation to the upperside and should continue massively towards 114.222. On its way to the upperside, the key levels to look for include 111.060, 112.680 and 114.222. On this chart, only buy positions looks ideal, but in case the price breaks and closes below 108.441, then this will push the price to the lowerside towards 104.651.

Trade Recommendations:

Wait for a rebuy from 108.441.

TRADE FUEL WITHOUT SWAPS!

Imelda Maseno
Analyst of «FreshForex» company
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