We're short towards 104.96 | 17 Maret 2020

17 Maret 2020, USD/JPY

We're short towards 104.96

Technical observation

Yesterday USD declined after a rebound at the resistance zone 108.18-107.99 and today, more bearish movements of price can be expected towards the supportive level 104.96, followed by a clear breakout below it with a big red candle for a further surge to the lower side to the level 101.14. If you sold this pair within the zone 108.18-107.99 after a rejection, at the level 104.96 is the best place to pick your profits. In case there is no penetration below the line 104.96 but a rejection at it, wait for another retracement to the zone 108.18-107.99 and a bounce within it to re-sell this pair.

Trade recommendation

Remain short with your take profit at 104.96.

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.
manager photo manager photo
Online-support
Dengan senang hati, kami akan menjawab pertanyaan Anda

Tulis

Get bonus