Still short | 12 Enero 2018

12 Enero 2018, USD/JPY

Still short

Wave Analysis:

Perfectly as per the previous day's forecast, the US Dollar rallied on the lower ranges and is still pretty much bearish both on the daily and the weekly charts. During this intraday, we're eyeing a possible break below 110.86 to pick a short position with a target at 107.00 or even lower. If you're not long already, then wait for a break below 110.86 to confirm the anticipated bearish price rally. According to the chart set up and structure above, only a short position looks more ideal and can be recommended. This pair should be traded alongside CADJPY, EURJPY and AUDJPY. These pairs have a strong positive correlation of up t +56% and will move in the same direction today.

Trade Recommendations:

Sell the Us dollar below 110.86 towards 107.00

FreshForex cancels commissions!

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus