MEX_Exchange

USDJPY Bounced Nicely Off Its Support, Prepare For A Rise

Panjang
FX:USDJPY   Dolar A.S. / Yen Jepun
Buy above 106.64. Stop loss at 106.13. Take profit at 107.50.
Reason for the trading strategy (technically):
USDJPY tested its support and bounced off it at 106.64 (61.8% Fibonacci extension, 50% Fibonacci retracement, 60% Fibonacci retracement, horizontal overlap support) where we expect it to rise to its resistance at 107.50 (61.8% Fibonacci extension, horizontal swing high resistance).
Stochastic (21, 5, 3) made a corresponding bounce off its support where we expect to see it rise.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.