USD still long towards 117.01 | 15 Maio 2017

15 Maio 2017, USD/JPY

USD still long towards 117.01
Technical Observation
On the weekly chart above, I expect further rise to the upper side and a possible breakout above 114.90. On the contrary, any bearish breach below 108.58 will push the price to the lower side towards 101.14. On the weekly chart above, I expect a positive rise to the upper side the entire week, thus, I'll remain bullish bias temporarily. In the meantime, I expect a retracement towards 111.17 to long USD at the ultimate least risk.
Technical levels:
Resistance levels
R1: 113.26
R2: 113.39
R3: 113.98
Pivot Point
112.68
Support Levels
S1: 111.83
S2: 111.96
S3: 112.55
Trade Signal
USD still long towards 117.01

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
Entrar
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.
manager photo manager photo
Online-support
Ficamos satisfeitos em responder quaisquer perguntas que você possa ter

Escrever

Get bonus