20 сентября 2019, USD/JPY
Technical Observation
yesterday, EURUSD traded intensely to the lower side and even went below the trend indicator marked above. While the price remains below this trend indicator, We expect a possible momentum to the lowerisde and could head towards 104.160. On its way to the lower side, the levels to look for include 107.305, 106.770, 106.500 and 105.430. On this chart, only sell positions looks ideal and cannot be recommended, but in case the price breaks above 108.375, then this will offer an ideal place to look for a buy order.
Trade Recommendations:
Sell USDJPY towards 104.895.
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