We're short towards 108.396 | 26 June 2018

26 June 2018, USD/JPY

We're short towards 108.396

Wave Analysis

After a bounce from 111.060, the US Dollar has been an a constant downtrend but is still few pips above 108.396. We expect a rally towards this level to pick our profits, but should the price break below it, then this pair could be heading to the lower side, and since the weekly chart is very bearish. We're definitely expecting a break below 108.369 to confirm a possible rally further towards 105.060 and the next at 100.00. Buy positions can only be recommended in case the price break above 111.060 or on a bounce from 108.396.

Trade Recommendations:

We're short towards 108.396

101% Double the volume

!Attention!
All bonus participates in drawdown!
More detailed

FreshForex cancels commissions!

Bob Stan
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .