USDJPY ---> Time to buy(again):

2020-02-03 09:37:38

Good day, dear investors and colleagues traders.

Your opinion technical analysis of the currency pair #Usdjpy:

The currency pair continues its downward movement and went even deeper into the zone of potential purchases. Compared to the opening, the currency pair lost 0.59%.

The asset reduces the Range (amplitude coefficient of movement) from 150 to 94 points, which allows us to say that the last decline is only temporary.
Three-day trend angle = 12.3˚
Two-day trend angle = 29˚

Last week, our system recommended the purchase of this pair from 109.13 without #takeprofit (since our goals are higher than local analysis) and #stoploss 108.40.

Despite the fact that we received a loss, we all continue to consider this currency pair extremely interesting in terms of purchases and medium-term goals.

We will look for consolidation areas for short-stop purchases. We want to pay special attention to several levels:
I) 108.01
II) 107.67

Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”

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