24 марта 2020, USD/JPY
Technical observation
USD is rallying below a resistance zone 112.09-111.86 and either a clear penetration above the zone with a big green candle or a rejection within the zone followed by a decline to the zone 108.20-107.99 is anticipated. Right now, remain flat and sell USD within the zone 112.09-111.86 with your take profit at 108.20 and stop loss at 113.19. In case there’s no rejection within the zone mentioned above but a clear breakout above it with a big green candle, wait for a correction to the just broken zone and a rejection within it to enter long positions with your take profit at 114.42 and stop loss at 110.78.
Trade recommendation
Remain flat.
en 
id 
ar 
ru 
vn 
es 
pt 
kz 
ua 
tj 
uz 
az 
ms 