21 августа 2018, USD/JPY
Technical Observation
As opposed to EUR and GBP, USD actually went below the three Simple Moving Averages. This is a bearish sign, and while the price is below the Three Simple Moving Averages, I expect a possible surge to the lower side with my ideal take profit at 106.25. On its way to the lowerside, the key lines to check for possible bounce include 108.45, 17.55 and 105.80. If these lines are clear broken, then further rally to the lower side is expected. You could place a pending sell limit order at 110.85 and stop loss above 111.40.
Trade Signal.
Short USD
101% Double the volume
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