USD/JPY. The price will attempt to grow. | 04 October 2024
04 October 2024, USD/JPY
The situation changed slightly during the past trading day. After a successful attack, buyers stopped, not giving their opponents the opportunity to use this pause. As a result, the course froze at a certain price level.
Now, after resting a bit, buyers are likely to start forcing events again, which will lead to further price growth. Thus, the development of the impulse, which is part of the correction, which is a zigzag, will be completed.
Then a reversal and a downward movement of the price is expected.
But before that, it's worth trying to buy at current market values.
Investment idea: buy 146.60, stop loss 146.30, take profit 148.50.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
