10 Februari 2021, USD/JPY
Wave Analysis
During the previous trading day, the US Dollar rallied to the lowerside and is still pretty much bearish both on the daily and on the weekly charts. If you are looking at this chart, expect price to continue to the lowerside but should not go beyond the immediate trendline. If the price bounces off from this trendline, then this will be a good place to consider a possible long term buy position expecting a rally much higher towards 107.850. On the flip side, a break and close below 103.710 will push the price to the lowerside.
Trade Recommendations:
Expect further bearish price rally towards the immediate trendline.
One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%. 2 steps to get the Invest-portfolio:
1. Fund your trading account with $50 or more from February 1 to 26, 2021.
2. Send a request to [email protected] with your account number funded.
en 
cn 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 
