Buy USDJPY from 108.117. with your take profit at 108.475. | 01 October 2019

01 October 2019, USD/JPY

Technical Observation

Yesterday, USDJPY Went above the 23.6% fib level, 108.117 and is still above this fib line. This pair is in an active up trend, therefore, I;m waiting for a retracement back towards 108.117 to buy USDJPY, and should price fail to bounce from this line and instead continues to the lowerside, then the best place to look for a buy from is around 38.0 % fib level or 50.0% fib level, 107.716. On this chart, buy positions looks ideal and can safely be recommended while the price is contained above 23.6% fib level.

Trade Recommendations:

Buy USDJPY from 108.117. with your take profit at 108.475.

TRADE METALS WITHOUT SWAPS!
Imelda Maseno
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus