Remain flat | 28 Maret 2022

28 Maret 2022, USD/JPY

Remain flat

Technical observation

On Friday the value of the pair on the daily chart above above declined as I had anticipated and today I expect a further momentum to the lower side; the expected bearish movement is a correction to the supportive zone 118.75-118.57. As it is on the daily chart above I would advise that you remain flat and wait for a retracement to the zone I have mentioned above to pick long positions with your take profit at 122.42 and stop-loss at 117.28. If price clearly breaks below the same zone with a big red candle, I expect possible surge to the lower to the supportive zone 113.43-113.22 or even lower to the level 109.05.

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