Sell Usd around 114.38 | 08 November 2017

08 November 2017, USD/JPY

Sell Usd around 114.38
Technical Observation:
Also here, nothing has changed much, Usd is still dilly dallying around 114.38. I went short around 114.38 and is still holding onto this position. My expectations is that the price should continue to drop towards 108.25 or even lower. If you didn't short this pair yesterday, you could place a pending sell limit order around 114.38, with your stop loss above 114.79 and take profit at 108.25
Technical Levels
Resistance levels
R1: 114.36
R2: 114.63
R3: 115.32
Pivot
114.30
Support Levels
S1: 112.58
S2: 113.26
S3: 113.67
Trade Signal
Sell Usd around 114.38 with your stop loss above 114.79 and take profit at 108.25.

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
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