Wait | 21 Januari 2021

21 Januari 2021, USD/JPY

Technical observation

USD did not rise as I had predicted on the chart above, instead, it declined and penetrated below the zone 103.70-103.62. Even though price did not hit my stop loss, as long as it is contained below the zone mentioned above, I expect a momentum to the lower side to the supportive line 102.64. My advice, wait for a correction to the zone 103.20-103.62 and a bounce within to sell USD with your take profit at 102.64 and stop loss at 104.01. Should there be a clear break above the zone with a big green candle, wait for a correction to it and a bunce confirming bullish movements of price before you buy USD.

Trade recommendation

Wait for a retracement to 103.20-103.62 to sell USD.

One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%.
2 steps to get the Invest-portfolio:
1. Fund your trading account with $50 or more from January 18 to 29, 2021.

2. Send a request to [email protected] with your account number funded.
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