Remain short towards 106.58. | 10 января 2019

10 января 2019, USD/JPY

Remain short towards 106.58.

Technical observation

Yesterday USD could not penetrate above 108.90-108.72, price bounced within it and is currently rallying on an increasing bearish momentum towards the key level 106.58.In case of a breach below the level, wait for a confirmation of further bearish price rally before you continue short with USD, but should there be a rejection at it, wait for a correction to the resistance zone 108.90-108.72 and a rejection within it to re-sell USD. If you picked short positions yesterday within 108.90-108.72, remain in the trade with your take profit at 106.58 and stop loss at 109.76.If you had not sold USD yet, remain flat and wait for another correction to 108.90-108.72.

Trade recommendation

Remain short towards 106.58.

BECOME FRESHFOREX ANALYST!

Imelda Maseno
Analyst of «FreshForex» company
Согласны с этим обзором?
Мнения трейдеров:
Close
Авторизация
В вашем браузере отключена поддержка cookie. При отключенной поддержке cookie в браузере у вас могут возникнуть проблемы с отображением Личного кабинета. Как включить (активировать) поддержку cookie.