We're short | 26 أبريل 2023
26 أبريل 2023, USD/JPY
USDJPY is currently on a bearish trend, having dropped for the last 24 hours. The market is currently in a corrective phase, exhibiting the ABC corrective pattern. I anticipate that this pair will drop down to 132.52, which is where I expect the corrective phase to end. Additionally, there is a major support zone at 133.56. We expect the price to break below this zone impulsively, failure to which this step will be invalidated. You can place sell orders now, with your take profit at 132.52 and stop loss at 134.13.
Trade Recommendations:
We're short
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.
