05 ноября 2019, USD/JPY
Technical Observation
According to the weekly chart attached, USDJPY bounced off from a very significant weekly support level 106.666, we expect a rally towards 114.081 but unfortunately, USDJPY is currently around a key hurdle 108.733, while the price is not able to breakout above this level, we're waiting for a clear bounce sign to pick a sell, but should the price breakout above 108.733, then this will be a good confirmation that we are continuing to the upper side with the next ideal take profit at 114.081.
Trade Recommendations:
Buy a break above 108.733.
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