Outlookb head DOWN

MACDdirection

Momentumdirection

Weighted M.A.direction

Mon, 18 Jun 2018 15:26:17 +0300
30 Minutes
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USD/JPY

 

ENTRY 110.448 TARGETS 110.398 110.374 110.324 110.262 STOP LOSS 110.572

 

Scenario 1

The currency pair is currently trading between 110.448 and 110.572.  A sell signal will be in place when USDJPY drops below the 110.448, with immediate target at 110.398. A protective stop loss at 110.572 is highly recommended.

Scenario 2

Should the pair manage to exceed the resistance level at 110.572, it will eliminate the downtrend scenario, generating a buy signal.