We'll rebuy usdjpy from 112.895. | 15 November 2018
15 November 2018, USD/JPY
Wave Analysis
Despite the previous forecast that this pair could accelerate to the upperside, the US Dollar is currently in a correction mode. However, as long as the price remains above the daily level 112.095 and also above the two simple moving averages. we expect nothing but a possible momentum to the upperside. And on the bears side, should the price break below 112.895, then this will be a good place to look for a long term short position with an ultimate target at 111.775. A break below this target will push the price further to the lowerside.
Trade Recommendations:
We'll rebuy usdjpy from 112.895.
101% Double the volume
!Attention!
All bonus participates in drawdown!
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.
