05 июня 2020, USD/JPY
Technical observation
USD has been rising steadily towards a resistance line 109.22. I expect either a clear breakout above the line with a big green candle, or a correction to the supportive zone 107.89-107.98. In case of a retracement to the zone 107.89-107.98, buy a bounce within it with your take profit at 109.22 and stop loss at 107.32. However, should there be a clear penetration above the line 109.22 with a big green candle, wait for a correction to the just broken line and a bounce to buy USD with your take profit at 111.58 and sop loss at . I can only recommend short positions below the zone 107.89-107.98.
Trade recommendation
Remain flat.
en 
id 
ar 
ru 
vn 
es 
pt 
kz 
ua 
tj 
uz 
az 
ms 