We're sellers towards the lower trendline. | 28 Junio 2021
28 Junio 2021, USD/JPY
Wave Analysis
Just as previously anticipated, the US Dollar bounced off from the upper trendline and is currently heading to the lowerside. As long as the price remains below this trendline, expect nothing but a possible momentum to the lowerside, the anticipated bearish price rally is the continuation of an impulsive wave count and could see the price break below the lower trendline. If this is the case, then further momentum to the lowerside is expected with the next ideal target set around 109.730. On the flipside, in case the price breaks and closes above the upper trendline, then further momentum to the upperside is expected with the next ideal target set at 110.00 and could push the price much higher with the next ideal target set at 111.67.
Trade Recommendations:
We're sellers towards the lower trendline.
Profit within arm’s reach The strategy's profitability over the past year and a half was 129%. The strategy has simple and understandable rules, trading on it takes 5 minutes a day. Inside you find the level of opening positions, Take Profit and Stop Loss levels. To ensure profitable trading, implement the FreshForex strategy today: 1) Deposit $90 or more in your trading account from June 2 to June 29, 2021. Your deposit is fully available for trading. 2) Send a request to school@freshforex.com and specify your account number. Make a note in the email that you want to receive a strategy.
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.
