Expect further correction towards 108.825. | 03 Abril 2020

03 Abril 2020, USD/JPY

Expect further correction towards 108.825.

Wave Analysis

Instead of continuing to the lower side, the Us Dollar bounced off from the level 107.300 and is currently heading to the upper side, we expect yesterday's bounce from 107.300 to have marked and end to the corrective wave (b), that the current move to the upper side is the continuation of the impulsive wave (c) and could see price break above 108.250 towards 108.825. This view can only be invalidated in case the price breaks and closes below 107.300, if this is the case, then a possible momentum towards 105.00 is expected.

Trade Recommendations:

Expect further correction towards 108.825.

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