USD/JPY mid-term resistance. Can we forecast a downward rebound?
USD/JPY mid-term resistance. Can we forecast a downward rebound?

After dynamic rallies during recent sessions, USD/JPY on the daily chart approached mid-term resistance line (103.31). As you can see on the above chart, historically this is an important zone which previously stopped increases few times . We should observe the price on lower intervals (H4, H1) and if they give clear selling signal (e.g. price action one) buy PUT option (before 23:30CET). Currently, hourly chart shows doji (pin-bar) candle, which may indicate corrective, downward rebound.

TopOption offers 80% payout
TopOption offers 80% payout

TopOption offers 80% payout for option expiring today at 23:30 (CET). If you invest e.g. $100 buying PUT option and the price at 23:30 will be lower than in the moment you bought the option, TopOption will pay you back $180. If the price goes up, you will lose your money. However, no matter how wrong you was, you never loss more than you bet. You can also choose other option’s expiring hours. Here you will find some useful binary options strategiesIf you want to invest in TopOption you do not need to install any additional software. Just visit their website! 

Leave us a comment!

Error, group does not exist! Check your syntax! (ID: 3)