We're looking for a long position | 26 July 2018

26 July 2018, USD/JPY

We're looking for a long position

Wave Analysis:

During the previous trading day, US Dollar attempted a breakout below 111.040 but ended up above it, while the price is contained above this level, we expect a possible momentum to the upperside. If you're not already in a long position, you should be looking for a clear long position with your first take profit at 114.056, and the next at 118.20. However, should the price break below 111.040, then an acceleration towards the next level 108.398 is expected but should not go any lower.

Trade Recommendations:

We're looking for a long position

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

We're looking for a long position

More trading assets here...

Bob Stan
Agree with the review?
Traders' opinion:
Close
Login
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 .