We're waiting for a sell from either 105.40 or 106.940. | 26 August 2019
26 August 2019, USD/JPY
Technical Observation
On this chart, I'm focusing only on two zone the prove resistance zone, 107.200-106.280, and 109.280. Following the bearish gap seen earlier today, we're waiting for clear signs that the gap is filled so that we pick a low risk sell order. But should price continue to the upperside even after filling up the bearish gap seen today, then I recommend having a pending sell limit order in between 107.200- and 106.280. A break above 106.28 will push the price further to the upperside towards 109.280.
Trade Recomendation:
We're waiting for a sell from either 105.40 or 106.940.
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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.
