we're short towards the lower trendline | 28 Agosto 2018

28 Agosto 2018, USD/JPY

Wave Analysis

During the previous trading day, the US Dollar pulled back to the lower side but is still within the contracting channel formation. As we mentioned few days ago, while the price is within this channel formation, we expect a possible momentum to the lower side with the first target at 109.65 and the next at 108.85. This view can only be invalidated in case the price breaks above the upper trendline, if this is the case, then further bullish price movements towards 112.10 or even higher to 113.30 is expected.

Trade Recommendations:

we're short towards the lower trendline

101% Double the volume

!Attention!
All bonus participates in drawdown!
More detailed

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