We're short from 111.867. | 09 April 2019
09 April 2019, USD/JPY
Wave Analysis:
The US Dollar is currently trading with an increasing bearish bias momentum. While the price is contained below both the resistance trendline and also below 111.867, we expect nothing but a possible momentum to the lowerside. This trade is good is picked from the level 111.667. Conservative traders can wait for a rise towards 111.667 to pick a sell order, or a breakout above to pick a low risk buy order towards the level 114.20. Any breakouts will push the price even higher towards 117.52.
Trade Recommendations:
We're short from 111.867.
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.
