USD/JPY: looking for 107.06

Rose Alice TheBestForexSignal.com

SELL USDJPY @107.76 SL.108.46 TP.107.06

The pair stopped at a price of 107.80 expecting a small short.

Our forecast is that we can expect a price of 107.065

If we have a Pull Back, we can expect TP at 106.50, but our advice is that TP 1 is also sufficient for a very good profit.

USD/JPY Current Trading Positions

Sell 80%

Buy 20%

Avg Sell Price 106.31

Avg Buy Price 106.50

Liquidity Distribution

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Author

Rose Alice

TheBestForexSignal.com

5 years successfully worked for Hedge Fund GFDR as a supervisor. 3 years working as an analyst for Trading company Global Investments. As an analyst based on ABC breakouts, breakouts trend lines, Supply & Demand, customized Elliott Wave.

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