Waiting for buy signal | 12 Oktober 2017

12 Oktober 2017, USD/JPY

Waiting for buy signal

Wave Analysis:

The US Dollar is still below the lower supportive trend line, but above 112.170. This is a key support zone and as long as it protects the lower side, we expect a possible rebound from it to buy this pair with our target at 114.00. The anticipated bullish price rally should be the continuation of the impulsive wave (E) to the upper side but should not go beyond upper trendline. Should this support 112.12 be violated, then the price could drop even further towards 110.00. This pair will have a similar price action to CHFJPY, NZDJPY, AUDJPY and CADJPY. These pairs will have a similar price action today.

Trade Recommendations:

We're looking for a buy signal around 112.170.

FreshForex cancels commissions!

Bob Stan
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.