USDJPY
TECHNICAL UPDATED ON 15-NOV-2018
The
Dollar/Yen weakened on Wednesday, driven by lower demand for risky assets and
an easing of tensions over Brexit. Stronger-than-expected U.S. inflation data
may have limited the loss.
According
to technical point of view we expect to see USDJPY drop to S1=113.07 or
S2=112.004. At S1, investor should pay attention as technical possible bullish
control the market. If it happens we expect to see 113.89 again before bearish
take over.
CONCLUSION
AND RECOMMENDATIONS
Buy
USDJPY @ 113.07
SL………………....112.90
TP………………....113.86
Sell
USDJPY @ 113.87
SL……………….…114.08
TP………………....112.86
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