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Business / Finance

Optional analysis - USD/JPY: Bargain sale!

FreshForex news RSS 12.04.2019 at 08:09

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USDJPY - Down

Monthly contracts are traded in the comfort zone above the level of the balance of the day 110.96. The price is at the boundary levels of resistance and the maximum amount 112.03 where sale due to change of priorities of DS are extremely beneficial. The maximum profit of the contract in the range of prices 111.03. Activity accumulation barrier at the upper boundary of the market sellers 112.16, looks very attractive. Alternative scenario of purchases is not considered. The high probability of a corrective decline to the support margin. Merchant solutions: Sell 112.10 – 112.03 Take Profit 111.71 – 111.38 do you know where the highest yield on JPY?

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