long towards 111.00 | 13 Februari 2020

13 Februari 2020, USD/JPY

long towards 111.00

Technical observation

Since penetrating above a zone it established around 109.74-109.62, USD has been rising steadily and I expect this bullish movement to continue towards the key level 111.00. If you bought this pair within the supportive zone 109.74-109.62 after a bounce, hold on to that positions with your take profit at 111.00 and stop loss at 108.96. Remain long towards 112.37 in case of a clear penetration above the key level 111.00 with a big green candle .As long as price is contained above the zone 109.74-109.62, only long positions look ideal and may be recommended on the daily chart above. Right now, remain long.

Trade recommendation

Remain long towards 111.00.

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.