02 июля 2018, USD/JPY
Technical observation
The pair on the weekly chart above is on a downward trend. Price retraced severally at a resistance zone 114.73-114.09 before rallying down toward a support 107.84,it then broke below it but could not be contained and so it went up above it again and is currently approaching 114.73-114.09.I expect a rejection of it within the zone for possible bearish momentum towards 107.84.You can remain flat now and wait for the correction to 114.73-114.09 and the rejection within it to short the pair within the zone with your ideal target at 107.84 and stop loss slightly above 114.73.Only short positions can be recommended on the chart above.
Technical levels
Resistance levels
R1.111.3
R2.111.91
R3.113.49
Pivot
110.33
Support levels
S1.109.72
S2.108.75
S3.107.17
Trade signal
Remain flat.
101% Double the volume
en 
id 
ar 
ru 
vn 
es 
pt 
kz 
ua 
tj 
uz 
az 
ms 