15.04.2020
The overall trend is upward. The support level of 106.87 is holding back sellers. A bullish divergence forms on Awesome Oscillator, and Stochastic Oscillator signals oversoldness. The downward H8 level pattern is truncated.
Trading recommendations:
Buy while an ascending pattern is forming, where the wave (AC) breaks through the inclined channel of the descending truncated level H8 pattern, thereby completing it.
Stop loss under the support level of 106.87.
Target levels: 109.20; 111.50.
The USDJPY rate online: monitor the movement of the pair in real-time.
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