Remain short towards 100.00. | 16 سبتمبر 2020
16 سبتمبر 2020, USD/JPY
Wave Analysis
According to the 30 minutes attached, the US dollar is currently, if you are looking at this chart now, keep looking for long term sell positions. The idea is to expect a possible breakout below the supportive trendline to push the price much lower towards 105.268. If the price breaks and closes below 105.268, then this will be a good place to consider a possible long term sell position towards 100.00 or even lower. As long as the price remains below the three moving averages, we are looking for long term sell.
Trade Recommendations:
Remain short towards 100.00.
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.
