USD/JPY reached sell target 108.80

USD/JPY reached sell target 108.80

2019-11-11 • Updated

  • USD/JPY reached sell target 108.80
  • Next buy target - 110.90

USD/JPY has been rising sharply after the earlier upward reversal from the key support area lying between the strong support level 108.80 (which was set earlier as the sell target and which has reversed the price with the daily Morning Star at the start of August and also with the daily Bullish Engulfing in the middle of June). USD/JPY is expected to rise to next buy target at the next resistance level 110.90 (top of the previous wave 2, which intersects with the 38.2% Fibonacci correction of the downward impulse 1).

Similar

Latest news

WTT: Currency Pairs To Trade In April
WTT: Currency Pairs To Trade In April

Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera