Rebuy the US Dollar from 110.693. | 12 Maret 2019
12 Maret 2019, USD/JPY
The US Dollar is not doing much, we're still above the weekly support 110.818. As we mentioned in our previous forecasts, we're waiting for a clear sign that the corrective wave (ii) is ended so that we can buy the next impulsive wave (iii) towards 114.191. And in case of a break above this level, then we'll expect the last impulsive wave (v) to proceed even higher towards 117.00 or even higher to 121.00. As it is, only a close below 110.836 will attract a long term sell towards 108.471.
Trade Recommendations:Rebuy the US Dollar from 110.693.
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.
