Condiciones de negociación
Products
Herramientas
In an analysis posted back at the end of August I explained the signs that were showing me that a bounce towards 107.50-108 is possible. Price has moved as expected without breaking below any critical support level.
Blue lines - bullish divergenceRed line - short-term resistance
Green line - channel resistance
Black lines - triangle pattern (broken downwards)
USDJPY has reached our target of 107.50-108. Price could continue higher towards the lower triangle boundary as a back test of the downward break from back in July. Support is at 107.40 while resistance is at 109. Currently price is at a point where I would prefer to be neutral if I had no position. Still this is not the time to open short positions as there is no sign of reversal and it is not a good time to open new long positions as the stop for longs is at the August lows.
¡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.