Wait for a correction to the zone 135.30-135.20 | 24 Juni 2022

24 Juni 2022, USD/JPY

Wait for a correction to the zone  135.30-135.20

Technical observation

On the hourly chart above price declined below the zone 135.30-135.20 with a big red candle the pulled back to it and it was sustained below the zone. As long as the value of USD is contained below the same zone, I expect it to surge steadily to the lower side. My advice, wait for a second correction to the zone I have mentioned above then pick short positions within it after a bounce with your take profit at the supportive level 133.29 and stop-loss at 135.81.On your way downwards the key levels to look for include, 133.29, 131.49 and the lower supportive level 129.63. I can only recommend long positions above the zone 135.30-135.20.

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