13 Tháng bảy 2018, USD/JPY
Technical observation
USD/JPY is still rising steadily towards the resistance 114.76,I expect a correction to the zone 111.27-111.07 followed by a rejection of it from the zone for bullish momentum towards 114.76.My advice, remain flat and wait for the correction to 111.27-111.07 then long USD within it with your ideal target at 114.76 and stop loss slightly below 111.07.I expect arise to 114.67 and even a breakout above it for a further rise in USD.Only long positions may be recommended in the chart above towards 114.67.Short positions may only be ideal in case on a breakout below the zone 111.27-111.07
Technical levels
Resistance levels
R1.110.97
R2.111.35
R3.111.96
Pivot
110.80
Support levels
S1.110.35
S2.110.12
S3.109.51
Trade signal
Remain flat.
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