Flat | 27 June 2017

27 June 2017, USD/JPY

Flat

Technical Observation

Eventually, Usd hit the Tp set at the resistance line 111.85. I'm flat temporarily waiting for the next clear move; if this resistance line 118.85 can clearly be breached to the upper side with a big green candle, then I may consider a long position towards 115.00, Otherwise, while 111.85 is intact, I'm only interested in short positions towards 110.67.
Technical levels:
Resistance levels
R1: 112.11
R2: 112.36
R3: 113.02
Pivot Point
111.7
Support Levels
S1: 110.37
S2: 111.04

S3: 111.45

Trade Signal
Flat

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Imelda Maseno
Analyst of «FreshForex» company
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