USDJPY near strong support level Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Mar 30, 2020 5:18 AM

The price will soon fall to a strong support line 106.8.
I expect at least a pullback from this support level to the resistance line.

Comments

VasilyTrader

⋅ Mar 30, 2020 8:55 AM

Interesting ! Have you shorted?

DeGRAM

⋅ Mar 30, 2020 5:58 PM

@VasilyPonomarev, I still expect growth in the future. What do you think about this?

FXCM

⋅ Mar 30, 2020 8:19 AM

That's a super summarised explanation!
Just wondering if you'll go long from the 106.8 level or just short to the 106.808 level?

We are currently of the view to go short.
Check our charts and let us know your thoughts?

DeGRAM

⋅ Mar 30, 2020 5:55 PM

@FXCM, good work!

DeGRAM

⋅ Mar 30, 2020 5:55 PM

@FXCM, thank you for comment!

omaribajames

⋅ Mar 30, 2020 7:46 AM

hey mate. we are almost at resistance line now. what do you think happens from there?

DeGRAM

⋅ Mar 30, 2020 5:59 PM

@omaribajames, will see