we're long from 111.030 | 10 Agustus 2018
10 Agustus 2018, USD/JPY
Wave Analysis
During the previous trading day, the US dollar pulled back slightly to the lowerside but is still above the daily support level 111.0360. As long as the price is contained above this level, we expect a possible rally further correction slightly to the lowerside but should not break below 111.030. You can still look for a long position now, and with this position, you should have your take profit at 114.32. This view can only be invalidated in case the price breaks below 111.030, if this is the case, then we'll expect a momentum to the lowerside.
Trade Recommendations:
we're long from 111.030
101% Double the volume
!Attention!
All bonus participates in drawdown!
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
