We're sellers for now | 13 Junio 2023
13 Junio 2023, USD/JPY
USDJPY is currently in a corrective phase, specifically the ABC corrective pattern. The market is forming the minor wave "C", and upon completion of this wave, the corrective phase is expected to end. The anticipated target for the minor wave "C" is at 137.81, indicating a further downward movement. To align with this analysis, you can consider placing a sell order now with a profit target set at 137.81. It's important to use appropriate risk management techniques and set a stop loss at 140.45 to protect against adverse price movements.
Trade Recommendations:
We're sellers for now
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.
