We're long towards 106.15 | 28 Septiembre 2020

28 Septiembre 2020, USD/JPY

We're long towards 106.15

Technical observation

Following its rejection within the supportive zone 105.22-105.16, USD has been rising steadily towards the resistance line marked at 106.15. If you bought this pair within the zone mentioned above after a bounce, remain long with your take profit at 106.15 and stop loss at 104.86. Should price penetrate above the line 106.15 with a big green candle, you can expect a surge to the upper side towards the resistance zone 107.49-107.40. On the 4-hour chart above, as long as price is contained above the supportive zone 105.22-105.16, only bullish positions look ideal and can be recommended.

Trade recommendation

Remain long with your take profit at 106.15.

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