We're short | 19 3月 2018

19 3月 2018, USD/JPY

We're short

Wave Analysis:

For almost a month now, no significant move has been seen on this pair. The corrective wave (iv) continues to consolidate somewhere around 105.60-107.50, this pair should trade with an increasing bearish bias this week, and even in the coming few weeks. The anticipated bearish price rally is the continuation of both the impulsive wave (v) and (c) to the lower side but should not go beyond the weekly support seen at 101.01. This pair should be traded alongside CADJPY, CHFJPY, NZDJPY and AUDJPY. These pairs have a strong positive correlation and will move in the same direction today.

Trade Recommendations:

We're short with an ultimate target at 101.01

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