Remain short | 21 Desember 2022

21 Desember 2022, USD/JPY

Remain short

Technical observation

On the daily chart above, USD is trading below the resistance zone it established at 139.00-138.25 with an increasing bearish bias and as long as it is sustained below this zone I expect a continuation of this downwards movement. If you are currently holding short positions with the pair above, my advice is, remain in the trade with your take profit at 126.78 and stop-loss at 142.48. In case there is a clear break below the level 126.78 with a big red candle, I expect the value of this pair to plummet further towards the supportive levels 112.70 and 102.83. On the chart above, only short positions look ideal and can be recommended.

Trade recommendation

Remain short with your take profit at 126.78.

Imelda Maseno
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
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
Dengan senang hati, kami akan menjawab pertanyaan Anda


Get bonus