Look for short term buy orders towards 109.217. | 07 Juni 2019

07 Juni 2019, USD/JPY

Look for short term buy orders towards 109.217.

Technical Observation:

USDJPY is in an active downtrend. Currently the price is pulling back upwards in form of a bearish flag. I expect price to continue pulling back to the upper side but should not go beyond the level 109.217-109.133 where I'll be looking for sell orders. As it is on the 4 hour chart, I recommend you look for short term buy orders towards 109.217, which is also a good sell place. But in case of a decline below 107.990, then this will be a good place to pick a sell position towards 107.22 and may head lower to 100.

Trade Signal

Look for short term buy orders towards 109.217.

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.