18 February 2021, USD/JPY
Technical observation
On the 4 hour chart above price is pulling back to a supportive zone it established at 105.68. I expect a rejection of it at the line for an increase to the upper side to 106.46. My advice, remain neutral and wait for a correction to the line 105.68 and a rejection at it to buy USD with your take profit at 106.46. In case there is a clear penetration below the line 105.68 with a big red candle, I expect the value of this pair to plummet to the lower side. On your way downwards the key levels to look for include, 104.83, the supportive zone 103.65-103.59 and a the lower supportive level indicated at 102.64.
Trade recommendation
Remain flat.
One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%.
2 steps to get the Invest-portfolio:
1. Fund your trading account with $50 or more from February 1 to 26, 2021.
2. Send a request to school@freshforex.com with your account number funded.
en 
id 
ar 
ru 
vn 
es 
pt 
kz 
ua 
tj 
uz 
az 
ms 