Looking to re-buy usdjpy towards 121.00 | 13 Diciembre 2016

13 Diciembre 2016, USD/JPY

Looking to re-buy usdjpy towards 121.00

Wave Analysis:

As anticipated, the Us Dollar pulled back to the lower side, but could not go beyond the supportive zone 114.80-114.48, unless there's a clear break below 114.48, we expect a possible rebound from this zone to buy the next motive wave (5) towards 121.00 or even higher to 124. Ideally, as long as the pair remains above 114.80, expect a possible bullish wave count towards 124.00. Any clear break below 114.48 will culminate into a strong decline towards 113.39 or even lower. Expect a similar wave count in CAD/JPY, NZD/JPY, AUD/JPY EUR/JPY and an exact opposite wave count in GBP/USD, EUR/USD, NZD/JPY and AUD/USD.

Trade Recommendations:

Expect a possible rebound from 114.80 to go long with the first target at 121.00 and the next target at 124.00. Sell positions are only recommended below 114.48 with an ideal target at 113.39.

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