Buy US Dollar with your take profit at 114.00 | 13 March 2019
13 March 2019, USD/JPY
Few days ago, the US Dollar got supported by the three Simple Moving Averages. While the price is above these three, I expect a momentum to the upperside. On its way upwards, the key lines to look for possible trades include 112.550, 114.253, and 117.00. If these lines are broken, then I'll be eyeing a possible rise towards 121.00. On this chart, selling appears to be a bit risky and cannot be advised. but should price break below this years lowest low, then I'll expect an acceleration towards 100.00 and may head even lower.
Trade SignalBuy US Dollar with your take profit at 114.00
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.
