Expecting a momentum towards 151.97. | 29 Juni 2023

29 Juni 2023, USD/JPY

Expecting a momentum towards 151.97.

Technical observation

USD retraced to the supportive zone 138.75-138.22 for a second time then bounced within it and since then it has been rising steadily towards the resistance level 151.97. If you are already holding bullish positions with this pair, I recommend that you remain in the trade with your take profit at 151.97 and stop-loss at 135.66. Should there be a clear break above the level 151.97, wait for a correction and a rejection at the broken line before you continue long with this pair, however, in case of a bounce at the same line, wait for another correction to the zone 138.75-138.22 to re-buy USD.

Trade recommendation

Remain long with your take profit at 151.97.

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