trustbrokergroup

USDJPY BUY - 24/10/2017

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
USDJPY - The Yen corrected down yesterday, but the movement was on small volume, so that we can’t consider it as a reversal or bearish signal. That’s why our previous scenario remains the same: long positions should be in priority, but we can enter the market after a resumption of the growth on large volume, which will a good bullish signal. A stop loss should be placed below the level 113.05. A potential of the deal is more than 110 pips. More please check section Daily Analysis website www.trustbrokergroup.com

The bottom line: long positions are in priority.
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