We're holding onto the previous week's buy position with an ideal target set at 114.036.
We're holding onto the previous week's buy position with an ideal target set at 114.036. | 01 July 2021
01 July 2021, USD/JPY
Wave Analysis
The USDJPY continues to rally to the lowerside but is Bullish in Overall. While the price remains above the Alligator indicator lines, we expect a continuation of the current impulsive wave count and should push the price much higher with the next ideal target set 114.36. A breakout above this level will mean we are continuing much higher. On the flipside, if the price breaks below the Alligator indicator lines, we expect nothing but a possible momentum to the lowerside. This will be a correction of the current impulsive wave count but should not go beyond 107.
Trade Recommendations:
We're holding onto the previous week's buy position with an ideal target set at 114.036.
Profit within arm’s reach The strategy's profitability over the past year and a half was 129%. The strategy has simple and understandable rules, trading on it takes 5 minutes a day. Inside you find the level of opening positions, Take Profit and Stop Loss levels. To ensure profitable trading, implement the FreshForex strategy today: 1) Deposit $90 or more in your trading account from June 2 to June 29, 2021. Your deposit is fully available for trading. 2) Send a request to school@freshforex.com and specify your account number. Make a note in the email that you want to receive a strategy.
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 .