Wait | 12 Oktober 2022

12 Oktober 2022, USD/JPY

Technical observation

USD rose and hit my take profit at the level 145.90 then rose above it and as long as it is sustained above this level I expect price to ascend further after a correction to the broken line and a rejection at it. However, if price is not sustained above this level but clearly breaks below it with a big red candle red, wait for a correction to the supportive zone 140.66-140.33 then re-buy USD within it with your take profit still at 145.90 and stop-loss at 138.26. Should there be a clear break below the zone I have mentioned above, I expect the value of USD to plummet towards the supportive level 135.78 or lower to 130.39.

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.