Remain short towards 107.530. | 31 Enero 2019

31 Enero 2019, USD/JPY

Wave Analysis

We sold the impulsive wave (v) after the end of the corrective wave (iv) around 109.650. With this sell order, we expect further rally to the lowerside towards 108.578. If thus target is broken, then we expect a steep drop towards 106.680. Only a bounce from 108.579 will mean we're waiting for a sign that we're upwards. According to the chart above, we're still sellers but only up to 107.530, this is a weekly support level and should price break below it, then we're heading even lower towards the next key level 106.

Trade Recommendations:

Remain short towards 107.530.

BECOME FRESHFOREX ANALYST!

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