Remain neutral | 14 Enero 2019

14 Enero 2019, USD/JPY

Trade recommendation

On the weekly chart above price is rallying around a support level marked at 107.79, my expectation is a decline below the level followed by a correction to it confirming possible bearish price rally towards 100.13. You can remain flat and wait for the breakout below the key level and a pull back to it to sell this pair with your take profit at 100.13 and stop loss at 111.20, if price does not breakout below 107.79 then I would expect a correction to the resistance zone 115.43-114.56 and a rejection within it to re-sell USD with your take profit at 107.90 and stop loss at 118.55.Long positions may only be advisable above the zone 115.43-114.56.

Trade recommendation

Remain flat.

BECOME FRESHFOREX ANALYST!

Imelda Maseno
Analyst of «FreshForex» company
¿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