Sell the US Dollar from 107.30 | 20 Marzo 2018

20 Marzo 2018, USD/JPY

Sell the US Dollar from 107.30

Wave Analysis:

We're still rallying somewhere around 105.50-107.30, we expect this consolidations to be the continuation of the corrective wave (iv) but should not go beyond 107.30 where we'll be looking to sell the impulsive wave (v) to the lower side and may go beyond the daily support seen at 101.01. If you're not already in a short position, you could wait for a pullback towards 107.30 to short this pair at the least risk possible. This pair should be traded alongside CADJPY, NZDJPY, AUDJPY and HKDJPY. These pairs have a strong positive correlation and will move in the same direction today.

Trade Recommendations:

Sell the US Dollar from 107.30 with your target at 101.01

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.