Remain long towards 146.55 | 24 Agustus 2023

24 Agustus 2023, USD/JPY

Remain long towards 146.55

Technical observation

USD pulled back to the supportive zone it established at 144.47-144.55 for a second time then bounced within it and right now the value of this pair is trading with an increasing bullish bias. Today I expect the price to ascend even further and if you already picked bullish positions within the zone I have mentioned above, remain in the trade with your take profit at 146.55 and stop-loss at 143.75. In case of a break above the level 146.55, wait for a correction to the broken line before you continue long, on the other hand, short USD towards the level 141.59 in case of a clear penetration below the supportive zone 144.47-144.55.

Trade recommendation

Remain long with your take profit at 146.55.

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