Wait for a correction | 28 Tháng Chín 2018

28 Tháng Chín 2018, USD/JPY

Wait for a correction

Technical observation

USD/JPY is still rallying above the zone 111.95-111.83.I expect a correction of price to it followed by a rejection of it within the above mentioned zone for possible bullish momentum towards 114.14.Wait for the correction to the zone then buy USD/JPY within it after a rejection within it with your take profit at 114.14 and stop loss slightly below 111.83.Should there be a clear breakout above 114.14, wait for a correction to it confirming further bullish momentum of price before you continue long with USD. Only long positions look ideal on the ideal on the daily chart an above and can be recommended within 111.95-111.83.

Technical levels

Resistance levels

R1.112.78

R2.113.02

R3.113.4

Pivot

112.68

Support levels

S1.112.4

S2.112.26

S3.111.89

Trade signal

Wait for a correction to 111.95-111.83 to buy USD/JPY.

Do you know against which currencies JPY is the most profitable?

Wait for a correction

More trading assets here...

Imelda Maseno
Analyst of «FreshForex» company
Đồng ý với đánh giá?
Ý kiến ​​của thương nhân:
Close
Đăng nhập
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .