USD/JPY. Price Continues to Keep Intrigue. | 21 Februari 2024
21 Februari 2024, USD/JPY
While the dollar may be experiencing certain difficulties against major European currencies, the situation with the yen remains stable. The price remains within a defined correctional structure and could either rise rapidly or fall rapidly.
The latter scenario remains dominant for now, as the recent upward movement closely resembles a correction in the form of a double zigzag. Moreover, the price maximum has not yet been surpassed.
A breakthrough of the indicated level would be the factor that cancels the considered wave scenario. Until that happens, the breakthrough of the designated support level is considered a signal to enter short positions.
Investment idea: Sell at 149.45, stop loss at 149.80, take profit at 145.00.
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.