Wait for buy orders. | 19 May 2021

19 May 2021, USD/JPY

As long as the price is above the upper trendline keep looking for long term buy positions towards 118.018

Wave Analysis
The US Dollar continues to rally to the lower but is still pretty much bullish and should breakout above the upper trendline. If the price breaks and closes above the upper trendline then this will be a good place to consider a possible long term buy position with an ultimate target set at 116.90 and may extend much higher. If you are looking at this chart right now, keep looking for long term buy positions. And in case the price bounces off from the same trendline, then further momentum to the lowerside is expected.
Trade Recommendations:
Wait for buy orders.

FreshForex gives traders a ready-to-use portfolio. The instruments are selected in such a way as to reduce overall risks and at the same time ensure a relatively high return.

This is the seventh portfolio developed by FreshForex specialists. Each of the previous six portfolios showed positive results, with a total return of 86.2%.

It’s easy to get the portfolio:

1. Make a deposit of $80 or more until May 30.

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 .