On the sidelines. | 19 Diciembre 2019

19 Diciembre 2019, USD/JPY

On the sidelines.

Wave Analysis

After the impulsive wave to the upper side, we're yet to see any serious moves to the upper side. We're waiting for a clear breakout above the level 109.70 to pick a possible long term buy order towards 110.00 or even higher. If you're looking for a trade now, you could watch for a possible increase in momentum after a break above 109.70. And should the price break below the previous day's lowest low, then we will be looking for long term sell order towards 108.70 and could continue even lower.

Trade Recommendations:

On the sidelines.

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.