USD/JPY. Resumption of impulsive decline. | 15 Maret 2024
15 Maret 2024, USD/JPY
The expected decline in the pair has not materialized yet. The price continued to rise, but the movement lacks conviction, resembling more of a correction. Most likely, that's exactly what it is. Therefore, the development of the next downward wave may start soon.
This could happen from current levels, considering that the price has encountered a resistance level. The ongoing decline will lead to a retest of the current lows.
In this regard, it is worth considering opportunities to enter short positions at the current market values, setting a protective stop-loss order slightly above the indicated resistance level.
Investment idea: Sell at 148.30, stop loss at 148.60, 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.