USDJPY - Upward trend will continue, Long trade by market price recommended
July 24, 2019 4:40:56 PM
Forecast Details
PairUSDJPY
Direction
Buy
StatusClosed (108.6)
+50 p
108.60
Target 1
108.10
Entry
-44 p
107.65
Stop Loss
About Author
Alexander Zorevyk
Expert
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Total votes: 9
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Chart & Analyst Comments
- The decrease in the volume of buyers, together with the increase in the volume of sellers, confirms the need to buy, according to our trading idea.
- We see a sharp increase in sell orders as indicated by a number of brokers, which may indicate an act of a major market player. Expected upward movement.
- Here is the crucial stop loss level to serve as a goal for our trading idea.