Wait fior a pullback to pick a low risk buy position with an ultimate target at 109.607. | 08 3月 2021

08 3月 2021, USD/JPY

Wait fior  a pullback to pick a low risk buy position with an ultimate target at 109.607.

Wave Analysis

Last week along, the US Dollar moved steeply to the upperside and even went above our target set at 107.924. As as result of this move, the US Dollar gained around 2016 points. As it is now, we are still upwards. We're waiting for a correction of the last impulsive wave (5) to the lowerside before we continue to the upperside. If you are looking at this chart now, wait for 50% pullback to pick a low risk buy position. Our expectation is that the price should continue to the upperside and may break and close above 109.607. A break above this level will push the price much higher.

Trade Recommendations:

Wait fior a pullback to pick a low risk buy position with an ultimate target at 109.607.

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