At the moment, the bullish sentiment prevails on the USD/JPY currency pair. Nevertheless, correction is not excluded in the near future. A classic reversal figure of the technical analysis "Rising Wedge" (timeframe M30) was formed in the trading instrument. Local support is the mark of 111.100. We recommend you to pay attention to this situation.
If the price fixes below the level of 111.100, one should look for entry points to the market to open short positions. The closest target for fixing profits is the 110.700 mark. Within a few days, the USD/JPY currency pair may reach the support level of 110.250. When tracking the position, we recommend using a trailing stop.
by , 2017.09.18
Este artículo representa una opinión personal y no debe interpretarse como un consejo de inversión, y/u oferta, y/o una petición persistente para llevar a cabo transacciones financieras, y/o una garantía, y/o un pronóstico de eventos futuros.
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