USDJPY weekly forecast (technical side) 2018-06-(18-22)

18 June 2018, 03:04
oleksandr bilokon
0
26

Chart: https://bi0l.blogspot.com/2018/06/usdjpy-weekly-forecast-technical-side_17.html

(Bear side). For sales positions, if R1W1 / down W1 is formed, the goals may be (up H4 / key support levels) with the breakdown option up to (S1W1 / down H4 broken / S2W1 / / S3W1).

(Side of bulls). For congested purchasing positions, if the breakdown is higher than (dowm W1), targets may be equal (R2W1 / R3W1). In order to reduce risks, it is better to plan new positions on condition of the formation of a turn from (up H4).

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