USDJPY. Wait for a long term sell order from 107.790. | 19 July 2019

19 July 2019, USD/JPY

USDJPY. Wait for a long term sell order from 107.790.

Wave Analysis

After breaking massively below the lower trendline, the US dollar is currently showing signs of pulling back to the upperside, this pair is still very bearish, the current move we're seeing to the upperside is the continuation of a corrective wave count but should not go beyond 107.790 where we'll be look for long term sell opportunites towards 107.326, if this level is broken, then further move even further to the lowerside is expected with an ultimate target at 106.00 or even lower.

Trade Recommendations:

Wait for a long term sell order from 107.790.

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus