Wait for a possible buy signal from 110.836 with your take profit at 114.191. | 13 Maret 2019
13 Maret 2019, USD/JPY
The US Dollar is currently trading with an increasing bullish bias momentum. As long as the price remains above the line 110.836, we expect nothing but a possible momentum to the upperside. As it is at the moment, we're waiting for a clear sign that the corrective wave (ii) is ended so that we buy next last impulsive wave (iii) towards 114.191. And should the price breakout higher, then we'll expect further movements even higher with the next ideal take profit being 117.971. Only a breakout below 110.636 will attract a sell towards 108.471.
Trade Recommendations:Wait for a possible buy signal from 110.836 with your take profit at 114.191.
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.
