empty
 
 
14.09.2020 01:16 PM
Trading plan for USDJPY

We remain bearish USDJPY as price remains below the key long-term downward sloping trend line resistance. Price has made another lower high and shows rejection signs at the 106.30 area. If this price action is combined with a break below short-term support, then we should expect another move lower towards 104.

This image is no longer relevant

Pink line - resistance

With resistance confirmed at 106-106.30 area, we keep a close eye on short-term support at 105.90 and next at 105.35. Bulls need to break below these two key support levels in order to push lower towards 104.

Summary
Urgency
Analytic
Alexandros Yfantis
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback