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MEX_Exchange
6 Th12 2017 06:39

USDJPY dropping nicely, remain bearish Giá xuống

U.S. Dollar/Japanese YenFXCM

Mô tả

Sell below 113.22. Stop loss at 113.96. Take profit at 111.79.
Reason for the trading strategy (technically):
Price continues to drop nicely as expected. We remain bearish looking to buy on strength below major resistance 113.22 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a push down to at least 111.79 support (Fibonacci retracement, horizontal overlap support).
Stochastic (34,3,1) is seeing major resistance below 97% where we expect a strong reaction from.

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