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11:25
USDJPY analyst forecast recommendation 06/01/2020

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Technical Overview USDJPY - 06.01.2020.


The USDJPY traded down against the background of the risk of military conflict between the US and Iran. We believe that the retention of this strength is expected to continue its fall.

 

 

The price is below the average indicator Bollinger border lines SMA 5 above, but below the SMA 14. RSI RSI grows, leaving the pereprodannosti zone. Stoch indicate ...

 

 

 

Recommendations for the USDJPY trading: 


 USDJPY pair may grow to the level of 108.35. We consider it possible to sell it from this point or after crossing 108.00 price level with local order 107.25.

 

 

Analytics Grand Capital

 

Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.

 

 

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