Wait | 14 2月 2018

14 2月 2018, USD/JPY

Wait
Wave Analysis:
Instead of rebound from 108.79-108.13 as previously forecasted, the US Dollar is slowing breaking below this support zone since last week, if the price can close below 108.13 by the end of this week, then this will confirm a possible bearish rally towards 99.65 or even lower. So far, bears are on the lead and chances of price declining even further are highly anticipated. A close below 108.13 will mean waiting for a confirmation that the price will continue further low. This pair should be traded alongside other positively correlated pairs such as CADJPY, CHFJPY, and HKDJPY. These pairs have a strong positive correlation and will move in the same direction today.
Trade Recommendations:
As long as the price remains below 108.79-108.13, expect further momentum to the lowerside

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