Look for a sell order below 111.143 | 20 August 2018
20 August 2018, USD/JPY
Technical Observation:
Usd is currently trading below a key line 111.143. This is a potential bearish dominance indication, and while the price is below this line, I expect a possible decline in price with my take profit being 108.268. If you’re not short already, wait for a retracement towards 111.143 to pick a short position with an ideal take profit at 108.268. On the other side, only a clear rise above 111.143 will attract a long position towards 114.318. On the upperside, the next key lines to check for include 118.00 and the next at 121.
Trade Signal.
Look for a sell order below 111.143
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.
