We're long towards 114.046. | 13 July 2018

13 July 2018, USD/JPY

We're long towards 114.046.

Wave Analysis

Perfectly as we forecasted a fortnight ago, the US Dollar rallied a higher and even went above the short term resistance line 111.080 and is still pretty much above this line. As long as this level protects the lowerside, we expect a possible rally to the upper side. The anticipated bullish price rally is the continuation of the impulsive wave (c) and should not go beyond the major resistance level 114.046. However, should this level be broken, then a rally further to the upperside will be expected.

Trade Recommendations:

We're long towards 114.046.

Do you know against which currencies JPY is the most profitable?

We're long towards 114.046.

More trading assets here...

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .