USD/JPY analysis for April 10, 2018 888011000 110888 Recently, the USD/JPY set has actually been trading sideways at the cost of 106.98. According to the 4H amount of time, I discovered that cost turned down from the assistance(Fibonacci expansion 161.8 %)at the level of 106.66, which is an indication that offering looks dangerous. I likewise found a surprise bullish divergence on the stochastic oscillator, which is another indication of strength. Myguidance is towatch for possible purchasing opportunities. The upward target is set at the rate of 107.47. Resistance levels: R1: 107.10 R2: 107.44 R3: 107.66 Assistance levels: S1: 106.50 S2: 106.26 S3: 105.95 Trading suggestions for today: watch for possible purchasing opportunities.The material has been provided by InstaForex

By | April 10, 2018

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