Condiciones de negociación
Products
Herramientas
USD/JPY is trading at 110.75 and inside of the corrective structure (bearish flag), which is a sign that buying looks risky. Since there is impulsive downward movement in the background, we expect downward continuation in the next period.
USD/JPY did a successful breakout of the rising upward trendline in the background, which is a sign of weakness. We found a hidden bearish divergence on the Stochastic oscillator, which is another sign of weakness. Key short-term resistance is set at 111.13 while the key support short-term support is set at 11.28.
Trading recommendation: We sold aggressively USD/JPY (small position) from 110.77 and we placed protective stop at 111.15. We plan to add another position if we see a breakout of the bearish flag (110.47). Downward targets are set at 110.28 and 109.60.
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.