USDJPY Daily Outlook 7 June, 2016 | August 31, 2016

After big fall at 3 june, usdjpy is trying to recover. Now this pair is forming bearish flag pattern. According to this pattern, we need to wait for breakout of the lower band of the flag to resume bearish rally again. So we can wait for breakout of the flag.

As this pair is now on retrace, we can look for sell. If we find any bearish sign on this pair, then we need to go for sell.

108.50 level can be good sell zone for this pair. We can look for that level for selling on usdjpy.



CashBack Offer: ForexFunction is offering Cashback for your every lot trading. It provides highest ever rebate in the world. So join now Highest CashBack offer

Copy trade service: We are providing fully secured signal copying service. Our copy trade EA will copy all signals on your account automatically. Subscribe now Automatic Signal Copy Trade System

Email: [email protected]

Skype: forexfunction