28 августа 2019, USD/JPY
Technical Observation
the USDJPY is currently trading within two verified key levels. We're seeing a verified support around 105.570 and a verified resistance at 106.220. These are two key levels and while the price remains within them, we're looking for reversals to pick a buy in case of a bounce from 105.570 and sell in case of a bounce from 106.220. A break above 106.220 will culminate into further move to the upperside, while a break below 105.570 will push the price steeply to the lowerside towards the weak support marked 105.180.
Trade Recommendations:
Buy a bounce from 105.570.
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