Wait | 03 October 2019

03 October 2019, USD/JPY

Wait

technical Observation

Earlier today, USDJPY failed to break below the daily low 106.958, instead it bounced off from this level and is now heading to the upper side. We expect this upward rally to be a mere retracement rally and should break above 76.4% fib level towards 50.0% fib level, 107.716. On this chart, the best place to sell USDJPY is from 107.716, or if the price breaks below 106.958, If price goes below 106.958, then this will be a good place to pick a low risk sell order with an ideal take profit at 105.12.

Trade Recommendations:

Wait

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