Buyers should come in now | 13 12月 2017

13 12月 2017, USD/JPY

Buyers should come in now

Wave Analysis:

For a second time now, the Us Dollar has broken above the upper resistance trend line. As long as the price remains above this trend line, we expect a possible bullish price movements towards 120.00 or even higher. Monday's candle was a perfect bullish continuation candle and means the price may continue to rise especially after a slight pullback to the lower side. According to the current chart set up and structure, only a long position looks more ideal and can be recommended with the first target at 114.00 and the next target at 120.00. This pair should be traded alongside CADJPY, NZDJPY, AUDJPY and CHFJPY. These pairs have a strong positive correlation and will move in the same direction today.

Trade Recommendations:

Expect a possible bullish price movements towards 120.00

FreshForex cancels commissions!

Bob Stan
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus