We'r short | 06 Junio 2023
06 Junio 2023, USD/JPY
USDJPY is indeed experiencing a significant decline, aligning with our analysis from yesterday (June 5, 2023). The pair remains in a corrective phase, following the ABC corrective pattern. At present, the price is forming the minor wave c, with a target set at 137.65. Reaching this zone will indicate the completion of the corrective phase. If you currently hold a profitable sell trade, it is recommended to adjust your stop loss to the breakeven point and set your take profit at 137.65 to secure your profits.
Trade Recommendations:
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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.
