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ForecastCity
11 mag 2020 12:57

Don't miss the great buy opportunity in USDJPY Long

U.S. Dollar/Japanese YenFXCM

Descrizione

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (106.95). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 78.

Take Profits:
TP1= @ 107.45
TP2= @ 107.65
TP3= @ 108.00

SL= Break below S2
Commenti
Shiva_forex
Thank you for your insight.
ForecastCity
@Shiva_forex, You're welcome! 🙏
Kristalyn
A bunch of good information. Thanks!
ForecastCity
@Kristalyn, Thanks for following us
Kamryn
Nice Set-up
ForecastCity
@Kamryn, Thanks
Forecast_Crypto
Nice analysis as usual
ForecastCity
@Forecast_Crypto, Thank you for your attention
fxniki
I agree with your idea for UADJPY 👍
ForecastCity
@fxniki, Thanks. We appreciate your kind words and support.
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