USD/JPY: remain bullish above strong support - Forex247

Latest

Keep Your Trading Simple and Smart

Tuesday, February 21, 2017

USD/JPY: remain bullish above strong support

We remain bullish above 112.59 support (Fibonacci retracement, Fibonacci extension, horizontal overlap support) for a push up to 113.49 resistance (Fibonacci retracement, horizontal overlap resistance).

Stochastic (21,5,3) is seeing strong support above the 8% level.

Buy above 112.59. Stop loss is at 112.29. Take profit is at 113.49.

analytics58ab0f948c135.png

The material has been provided by InstaForex Company - www.instaforex.com


No comments:

Post a Comment