Remain bullish | 26 September 2023

26 September 2023, USD/JPY

Remain bullish

Technical observation

USD has been ascending steadily since it bounced within the supportive zone 144.68-144.39 and today I expect it to plummet even further to the upper side. If you are already holding bullish positions with this pair, I recommend that you remain in the trade with your take profit at 151.50 and stop-loss at 142.83. If there is a clear break above the level 151.50, I expect the price to ascend even further after a pullback and a bounce at the broken line, but should there be a clear breach below the zone I mentioned earlier with a big red candle, I expect the price to plunge towards the supportive levels 137.81, 130.63 or lower.

Trade recommendation

Remain long with your take profit at 151.50.

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