A weekly support is seen around 110.636. | 01 Marzo 2019

01 Marzo 2019, USD/JPY

Wave Analysis

Perfectly as previously forecasted, the first impulsive wave (i) rallied to the upperside and is still pretty much bullish. Buyers are in complete control in this market, but instead of going long just now, wait for a possible retracement towards 110.639 to buy the next impulsive wave (iii) towards 114.191. That is, as long as the price remains above 110.639, we're buyers, but should price descend below 110.639, then this will be an ideal place to look for a long term sell towards 108.871. As it is, only buy positions looks ideal.

Trade Recommendations:

Rebuy the US Dollar from 110.636.

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