USDJPY sell trade available

4 mai 2018

FX market is heading to the NFP event with oversold RSIs. On the daily chart AUDUSD, RSI study is at 39 bounce from 29, EURUSD RSI stands at 31.50, GBPUSD at 26.75 and NZDUSD at 33. On the other hand USDCHF study has been consolidating at 82.00, USDJPY study cooled to 59 from 70.50 and USDCAD study has been in a sloping mode, currently stands at 55.00.

Trade: We prefer selling USDJPY between 110.40-111.00 with a target 108.00. To limit the risk use sl above 111.65.
http://www.keytomarkets.com/blog/blog/ktm-fx-daily-april-nfp-preview-usdjpy-sell-trade-available/

24 mai 2018

Note

Either book profit or SL move to 110.40