empty
 
 
id
Bantuan
Pembukaan akun instan
Platform Trading
Deposit/Penarikan

11.05.202116:04 Forex Analysis & Reviews: Short-term technical analysis on USDJPY for May 11, 2021.

USDJPY is trading just above 108.50. Price is about to break out and below the major support trend line. In previous analysis we warned traders of a possible reversal to the downside from 109.50 area. Price has reversed since then and a break below 108.50 would increase the chances of the bearish pull back scenario to 106.50.

Exchange Rates 11.05.2021 analysis

Green rectangle- resistance area

Red line -support

Black lines -expected size of decline

USDJPY has reversed lower and is now about to break below support. Our target as we explained in previous posts, is around 106-107 area. As long as price is below 109.50 (green rectangle) we remain pessimistic, waiting for a move lower towards 106. Bears need to clearly break the red support trend line. Bulls need to react now and bounce strongly higher above 109.50.

*Analisis pasar yang diposting disini dimaksudkan untuk meningkatkan pengetahuan Anda namun tidak untuk memberi instruksi trading.

Alexandros Yfantis,
Analytical expert of InstaSpot
© 2007-2024
Manfaat dari rekomendasi para analis saat ini
Akun trading teratas
Buka akun trading

Tinjauan analitis InstaSpot akan membuat Anda menyadari sepenuhnya tren pasar! Sebagai klien InstaSpot, Anda dilengkapi dengan sejumlah besar layanan gratis untuk trading yang efisien.

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.