Remain bullish | 04 Januari 2022

04 Januari 2022, USD/JPY

Remain bullish

Technical observation

USD retraced to the supportive level it established at 112.71 but could not break below it instead price bounced at the same level and since then it has been trading with an increasing bullish bias. I expect either a loss of this upwards movement at the level 115.44 followed by another correction to the supportive level 112.71 and a bounce at it to re-buy USD. Or, a clear breakout above the level 115.44 with a big green candle followed by a further momentum to the upper side. If you are currently holding bullish positions with this pair, remain in the trade and pick your profits at 115.44, continue long after a clear break above the level 115.44.

Trade recommendation

Remain long with your take profit at 115.44.

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