Home About the company Daily reviews USDJPY analysis 17.03.2020

USDJPY analysis 17.03.2020

17.03.2020

Market Review

The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. A start fractal was formed below the 135 moving average. Breaking through the start fractal will result in the formation of a 1-2-3 descending pattern within the overall downtrend.

Trading recommendations:

Sell below 105.15.

Stop loss: 107.20.

Target levels: 103.50; 102.00.

Author: admin
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