Buy a breakout above 104.420 towards 104.745. | 14 Enero 2021

14 Enero 2021, USD/JPY

Buy a breakout above 104.420 towards 104.745.

Wave Analysis

During the previous trading day, nothing much happened on this pair, however, earlier today, the us dollar continues to rally to the upperside but is still several pips below our target along the upper trendline. As it is now, keep looking for more buy positions expecting price to break and close above 104.420 towards 104.745. At this point, sell positions looks a bit risky and may not be recommended, however, in case of a break below the previous day's lowest low, then further momentum much lower is expected.

Trade Recommendations:

Buy a breakout above 104.420 towards 104.745.

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.