Remain neutral | 09 Maret 2022

09 Maret 2022, USD/JPY

Technical observation

USD rose steadily up to the resistance zone 115.78-115.72 as I had previously predicted, below this zone price faced rejection for some time before rising again. Right now USD is trading with an increasing bullish bias slightly below 115.78-115.72 and there is a possibility of a clear breakout above it with a big green candle. If you are currently holding long positions with this pair you can pick your profits now at the level 115.72. In case of a bounce within the zone 115.78-115.72, I anticipate a pullback to the supportive zone 114.64-114. 57 followed by a bounce within it to re-buy USD, and if price breaks above 115.78-115.72, wait for a correction to it before you continue long with this pair.

Trade recommendation

Remain flat.

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