USDJPY. Look for sell orders from 107.148 towards 105.440. | 06 أغسطس 2019
06 أغسطس 2019, USD/JPY
Wave Analysis
The US Dollar is showing signs as sustaining the break below the supportive zone 106.792-107.148. As long as the price remains below this zone, we expect nothing but a possible momentum to the lowerside, the idea is not to look for sell positions now, rather, wait for a pullback towards the just stated zone to pick a low risk sell order with an ultimate target at 105.440. A break below this level will push the price even further to the lowerside with the next ideal target being 100.00.
Trade Recommendations:
Look for sell orders from 107.148 towards 105.440.
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.
