We're long | 19 اكتوبر 2018
19 اكتوبر 2018, USD/JPY
Wave Analysis
After a drastic decline in price few days ago, the US dollar is showing signs of recovering to the upperside. We're waiting for a possible correction to the lowerside to pick a long term long position with an ultimate target at 114.380. This view can only be invalidated in case the price breaks below 111.520, if this is the case, then we'll expect further bearish momentum further to the lowerside with an ultimate target at 110.00. You may look for a buy position after a break above 113.425 towards 144.380.
Trade Recommendations:
We're long
101% Double the volume
!Attention!
All bonus participates in drawdown!
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
