Condizioni di trading
Strumenti
USDJPY is trading just above 108.50. Price is about to break out and below the major support trend line. In previous analysis we warned traders of a possible reversal to the downside from 109.50 area. Price has reversed since then and a break below 108.50 would increase the chances of the bearish pull back scenario to 106.50.
Green rectangle- resistance areaRed line -support
Black lines -expected size of decline
USDJPY has reversed lower and is now about to break below support. Our target as we explained in previous posts, is around 106-107 area. As long as price is below 109.50 (green rectangle) we remain pessimistic, waiting for a move lower towards 106. Bears need to clearly break the red support trend line. Bulls need to react now and bounce strongly higher above 109.50.
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.