We're buyers towards the upper trendline. | 11 Octubre 2021

11 Octubre 2021, USD/JPY

We're buyers towards the upper trendline.

Wave Analysis

Last week, the US Dollar gained value significantly and is still pretty much bullish both on the daily and on the weekly charts. As it is right now, on this chart, we expecting the continuation of the last impulsive wave (v) to the upperside and may breakout above the upper trendline towards 112.89 or even higher. If the price rebounds from the upper trendline, then this will be a good place to consider a possible long term sell position towards the lower trendline.

Trade Recommendations:

We're buyers towards the upper trendline.

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