Buy a rebound from the upper trendline towards 114.101.

08 Abril 2021, USD/JPY

Buy a rebound from the upper trendline towards 114.101.

Wave Analysis

Yesterday, the US dollar pulled back nicely to the lowerside but is still above the upper trendline. We're waiting for a clear rebound from the same trendline to pick a possible long term buy position expecting price to continue upwards towards 114.101. This view remains valid as long as the price is above the upper trendline, a breakout and a close below the same trendline will mean we are continuing to the lowerside with an ultimate target set around 104.959. On its way downwards, the key levels to look for include 109.120 and 106.220.

Trade Recommendations:

Buy a rebound from the upper trendline towards 114.101.

One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts. This is the sixth portfolio already, developed by FreshForex specialists. Over the last year, we offered five investment portfolios to traders. Each of them showed a positive result.

The total return was 79.2%.

2 steps to get the Invest-portfolio:

1. Fund your trading account with $70 or more from 2 to 30 April, 2021.

2. Send a request to with your account number funded.

Graham Osano
¿De acuerdo con la revisión?
Opinión de los comerciantes:
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
Nos complacerá contestar cualquier pregunta que pueda tener


Get bonus