Wait and rebuy US Dollar around 111.04 | 15 Agosto 2018
15 Agosto 2018, USD/JPY
Wave Analysis
The US Dollar failed to sustain the break below 111.07 and instead has corrected itself upwards and is now above the same level, as long as the price is above 111.07, we expect a possible momentum to the upperside. The anticipated bullish price rally is the continuation oif the impulsive wave (c) to the upperside and should break above 113.00 but should not go above 121.00. This view can only be invalidated in case the price breaks below 107.78, but according to the current chart set up and structure, buy positions looks much better.
Trade REcommendation.
rebuy US Dollar around 111.07
101% Double the volume
!Attention!
All bonus participates in drawdown!
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
