Resell USDJPY from 107.414. | 25 Septiembre 2019

25 Septiembre 2019, USD/JPY

Resell USDJPY from 107.414.

Technical Observation

As we forecasted in the previous forecast, USDJPY rallied intensely to the lowerside and now below the 61.8% Fib level, 107.414, while the price remains below this level, I'm expecting a possible continuation of the current downtrend towards 76.4 fib level, 107.163. This view is only true while the price is still being held below 61.8%, should the price break above 107.41, then this may push the price to the upperside with the next ideal take profit at 107.617, a break above will push the price higher towards 107.819.

Trade Recommendations:

Resell USDJPY from 107.414.

TRADE METALS WITHOUT SWAPS!
Imelda Maseno
Analyst of «FreshForex» company
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