Sell Usd towards 108.670 | 25 June 2018
25 June 2018, USD/JPY
Technical Observation:
A key daily support is seen around 108.670. I expect a surge towards this support to pick a long position on a bounce from this line, but should the price break below it, then I expect a surge to the lower side with the next take profit at 106.995. Should the price bounce from 108.670, then this will be a good buy place with a take profit at 111.326. Upwards, the key lines to look for include 109.541 and 110.565.
Technical Levels
Resistance levels
R1: 110.65
R2: 111.32
R3: 112.53
Pivot
110.11
Support Levels
S1: 107.68
S2: 108.88
S3: 109.44
Trade Signal
Sell Usd towards 108.670
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.
