We're long towards 118.00 | 02 October 2018

02 October 2018, USD/JPY

We're long towards 118.00

Wave Analysis

After an intensive momentum to the upperside, the US Dollar is currently slowing down. As long as the price is above the upper trendline, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the impulsive wave (5) and should break above 114.14 but should not go higher than 118.00. If these targets are broken, then further momentum towards 118.00 is expected. According to the daily chart, we're still looking for an upward position with our first target at 114.00 and the next at 118.00.

Trade Recommendations:

We're long towards 118.00

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 .