Remain long | 04 Maret 2019

04 Maret 2019, USD/JPY

Remain long

Technical observation

Following the bounce within the support 110.41-110.22, USD has been rising steadily towards 113.65, I expect a rise to the level and a possible breakout above it for a further rise in price. If you bought this pair within 110.41-110.22, remain long with your take profit at 113.65 and stop loss at 109.31, if you had not picked long position yet, wait for either another correction to 110.41-110.22 and a rejection within it to buy USD or a clear penetration above 113.65 followed by a correction to it to buy. As previously stated, as long as this pair is contained above the zone 110.41-110.22, only long positions look ideal and may be recommended.

Trade recommendation

Remain long with your take profit at 113.65 and stop loss at 109.31.

Imelda Maseno
Analyst of «FreshForex» company
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.