25 Februari 2021, USD/JPY
Wave Analysis
The US Dollar continues to make good progress to the upperside perfectly in line with what we forecasted during the past few days. If you are looking at this chart now, we are hold onto a buyers perspective. The idea is to watch for a breakout above 106.270 to pick a possible long term buy position with an ultimate target set at 107.948. A breakout above this level will push the price much higher with the next ideal target set at 110.00. A pullback towards 105.810 will give us a good place to consider a possible buy from,
Trade Recommendations:
Remain long towards 107.948.
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.