12 Tháng sáu 2017, USD/JPY
Technical Observation
USD rose perfectly to my retracement support line 110.63 but failed to breakout above. I expect further short positions following the rejection from 110.63 and unless this line is clearly breached to the upper side with a big green candle, I choose to have a bearish sentiment on this pair. On the 4 hour chart above, Sell positions seems more ideal and can be recommended towards 109.62
Technical levels:
Resistance levels
R1: 112.02
R2: 112.71
R3: 113.98
Pivot Point
111.66
Support Levels
S1: 108.9
S2: 110.17
S3: 110.75
Trade Signal
Short USD towards 109.73