Buy the US Dollar only up to 108.440. | 27 September 2019

27 September 2019, USD/JPY

Wave Analysis

Instead of continuing to the lowerside as previously forecasted, the US Dollar rallied to to the upperside and even went above the upper trendline acting as the top of the falling channel. As long as the price remains above this trendline, we expect further momentum to the upperisde and should break above 108.440 towards 110.10 or even higher. This view can only be invalidated in case the price breaks below 106.745, if this is the case, then further momentum to the lowerside is expected with the next ideal take profit at 105.290.

Trade Recommendations:

Buy the US Dollar only up to 108.440.

TRADE METALS WITHOUT SWAPS!
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