Wait | 20 Januari 2023

20 Januari 2023, USD/JPY

Wait

Technical observation

On the weekly chart above USD broke down below a zone 134.17-133.09 and it is currently trading below the same zone with an increasing bullish bias. This upwards movement is a correction to the zone I have mentioned above and I expect a rejection of price within it followed by surge to the lower side. My advice, remain neutral and wait for a correction to the zone I mentioned earlier then sell a bounce within it with your take profit at 103.31 and stop-loss at 139.35. In case of a clear break below the level 103.31 with a big red candle, I expect price to descend further towards the supportive level 76.33 or lower.

Trade recommendation

Wait for a correction to the zone 134.17-133.09 to sell USD

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