21 January 2021, USD/JPY
Wave Analysis
During the previous trading day, the US Dollar rallied to the lowerside and is still very much bearish both on the daily and on the weekly charts. While the price remains below the upper trendline, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave to the lowerside and should break below 102.642. The idea is to keep watching for a pullback towards the upper trendline to pick a low risk sell position.
Trade Recommendations:
Remain short towards 102.642.
One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%. 2 steps to get the Invest-portfolio:
1. Fund your trading account with $50 or more from January 18 to 29, 2021.
2. Send a request to school@freshforex.com with your account number funded.
en 
cn 
id 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 