05 Tháng bảy 2017, USD/JPY
Technical Observation
Usd is currently trading slightly above it's pivot line 113.13. As I said earlier, I still expect a rise towards 113.69 and even a breakout to continue long. If 113.69 is clearly breached to the upper side then I'll wait for a pullback to the just broken line to re-buy Usd with a take profit at 115.00. On the 4 hour chart above, long positions seems more ideal and can be recommended unless 111.85 is clearly breached to the lower side.
Technical levels:
Resistance levels
R1: 113.51
R2: 113.71
R3: 114.3
Pivot
113.13
Support Levels
S1: 111.96
S2: 112.54
S3: 112.93
Trade Signal
Usd long towards 113.69