We are neutral | 25 Maret 2022

25 Maret 2022, USD/JPY

Technical observation

Yesterday price did not pullback to the lower side as I had anticipated, however it rose with a big green candle up to a level 122.42 and today I expect bearish movements towards the supportive zone 118.57-118.75. My advice, remain neutral and wait for a correction to the zone mentioned above then buy a bounce within it with your take profit at 122.42 and stop loss at 117.25. In case of a breakout above the level 122.42 with a big green candle, I expect a further surge to the upper side however, if price clearly breaks below the zone 118.57-118.75 with a big red candle, I expect a possible momentum towards the supportive level 113.43.

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