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TotalBitcoinInternational
Mar 19, 2018 12:25 AM

Not oversold, not a buy signal yet Long

U.S. Dollar/Japanese YenFXCM

Description

We are still bearish on this pair. On Wednesday Jerome Powell is expected to raise the interest rate in his first FED meeting. It will be hard for this pair to climb significantly. We are opening a long position here with low leverage. Next resistance at 106.4, 106.7 and 107.2

Trade closed manually

JPY still strong, not a good time to go long.

Trade closed manually

I left a position active that closed itself at +10.09%, not bad.

Trade closed manually

Short position closed at +3.08%
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