We're short for now | 26 Julio 2023
26 Julio 2023, USD/JPY
USDJPY is currently very bearish. The market is dropping pretty slowly but we are sure it will reach our target which is at 134.65. The market is still in a corrective phase (ABC corrective pattern), currently, the market is forming the minor wave "C", which our target for is at 134.65, the price reaching this zone will mark the end of the corrective phase. You can place a sell order now with your stop loss at 141.78 and place take profit at f 134.65. And if your holding a sell trade, just move the stop loss to breakeven.
Trade Recommendations:
We're short 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.
