Resell the US dollar at 107.709 | 21 3月 2018

21 3月 2018, USD/JPY

Resell the US dollar at 107.709

Wave Analysis:

Since the begining of this week, this pair has been in a corective mode despite the prevuious forecast that it could drop towards 100.00. Today and in the next few days, we expect further correction to the upperside but should not go beyond the 4 hour resistance level 107.709 where we'll be looking to resel the impulsive wave (5) to the lowerside with an ultimate target at 100.00. This pair should be traded alongside CADJPY, NZDJPY, CHFJPY and AUDJPY. These pairs have a strong positive correlation of up to +62% and will move in the same direction today.

Trade Recommendations:

Resell the US dollar at 107.709 towards 100.00

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