Wait for a buy from 108.441. | 15 November 2019

15 November 2019, USD/JPY

Wait for a buy from 108.441.

Technical Observation

Few days ago, after breaking above 108.441, the Us Dollar pulled back to the lowerside but could not go beyond the same level to the lowerside, while the price is contained above this level, I expect a possible momentum to the upperside and should go above 112.680 but should not break beyond 114.222. On this chart, only buy positions looks more ideal, but in case the price continues to the lowerside and even break below 108.441, then we will expect a possible momentum to the lowerside towards 104.651.

Trade Recommendations:

Wait for a buy from 108.441.

TRADE FUEL WITHOUT SWAPS!

Imelda Maseno
Analyst of «FreshForex» company
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