We're long | 13 September 2021

13 September 2021, USD/JPY

We're long

Technical observation

USD retraced to a supportive trend lien on the expanding wedge as indicated on the chart above, since it rejection at the line, price has been trading with an increasing bullish bias and I still expect a continuation of this upwards movement to towards the upper trend line. If you bought USD at 109.69 after a bounce, remain long with your take profit at 110.44 and stop loss at 109.40. In case of a clear breakout below the level 109.68 with a big red candle, I expect correction to the just broken line followed by a bounce at it to pick short positions with my take profit at 109.10. Right now I can only recommend bullish positions.

Trade recommendation

Remain long with your take profit at 110.44.

Imelda Maseno
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.
manager photo manager photo
Online-support
Dengan senang hati, kami akan menjawab pertanyaan Anda

Tulis

Get bonus