06 tháng Tám 2019, USD/JPY
Wave Analysis
The US Dollar is showing signs as sustaining the break below the supportive zone 106.792-107.148. As long as the price remains below this zone, we expect nothing but a possible momentum to the lowerside, the idea is not to look for sell positions now, rather, wait for a pullback towards the just stated zone to pick a low risk sell order with an ultimate target at 105.440. A break below this level will push the price even further to the lowerside with the next ideal target being 100.00.
Trade Recommendations:
Look for sell orders from 107.148 towards 105.440.
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