09 Tháng mười một 2020, USD/JPY
Technical observation
On the weekly chart above, price went down below a supportive zone 104.60-104.18 with a big red candle and is still trading below it. I expect a correction to the just broken zone followed by a rejection within it for bearish movement of price. My advice wait for a correction to the above mentioned zone and a bounce within it to sell USD with your take profit at 96.24 and stop loss at 106.26. On your way downwards the key levels to look for include; 96.24, 88.69 and the lower supportive level 82.78. On the chart above, as long as price is contained below 104.60-104.18 you can only expect bearish rally.
Trade recommendation
Wait for a correction to 104.60-104.18 to sell USD.
en 
id 
ar 
ru 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 