Look for low risk buy orders towards 111.790. | 07 Abril 2020
07 Abril 2020, USD/JPY
Wave Analysis
Yesterday, we expected a possible momentum to the lower side, but instead the price moved massively to the upper side. We still expect the level 105.263 to be a good support level and should the price get to it, then this should give us a good place to pick a low risk buy positions. As it is now, we are expecting a possible momentum to the upper side, I therefore recommend looking for low risk buy positions towards 111.790 and could breakout mush higher towards the next level 114.00 or even higher.
Trade Recommendations:
Look for low risk buy orders towards 111.790.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
