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ForecastCity
Feb 23, 2020 1:01 PM

Don't miss the great buy opportunity in USDJPY Long

U.S. Dollar/Japanese YenFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (110.65). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDJPY is in a up trend and the Resumption of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 68.

Take Profits:
TP1= @ 112.30
TP2= @ 113.65
TP3= @ 114.50

SL= Break below S2
Comments
Pro_Trader_007
Thanks... I will keep an eye on this...
ForecastCity
@Pro_Trader_007, We hope you enjoy it.
sara-kian-fx
I think I'm gonna trade this one, thank you for sharing this Amazing content.
ForecastCity
@sara-kian, We hope you make maximum profit out of it.
NobeelA
When will your subscribers receive the 9 intraday charts on the website?
ForecastCity
@NobeelA, Yes, that's it.
ForecastCity's Services includes:

"Weekly Forecast" for 36 Forex Pairs (published through the website)
"Weekly Forecast" for 34 CryptoCurrency (published through the website)
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"Daily Trading Opportunity" (DTO) for 28 Forex Pairs (published through the website)

"Intraday Forecast" for 9 Forex Pairs (published through the website & ForecastCity Intraday Indicator ©)
fali4209
Is there no reverse trade ?
ForecastCity
@fali4209, Not yet.
fxniki
It's a great opportunity in USDJPY. Thanks for sharing it.
ForecastCity
@fxniki, You're welcome. we hope you enjoy it.
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