We're long for now towards 151.89 | 24 Oktober 2023

24 Oktober 2023, USD/JPY

We're long for now towards 151.89

The US Dollar is currently heading to the upperside. As long as the price remains above 147.365, we expect nothing but a possible momentum to the upperside. On this chartt, we keep focusing on buy positions expecting a continuation to the upperside with the next ideal target set around 151.865 and may break and close above it. In case the price breaks and closes below 144.334, then this will be a good place to consider a possible long term sell position.

Trade Recommendations:

We're long for now towards 151.89

Bob Stan
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