We're long for now | 15 Agosto 2023
15 Agosto 2023, USD/JPY
USDJPY is exhibiting a robust bullish momentum, having already broken above the resistance zone at 144.88. This confirms the market's sustained upward trend. Currently, the market is in an impulsive phase while shaping the major outer wave 'V', with a target set at a resistance zone, "148.34". You may contemplate entering a long position, aiming for a profit target within the range of "148.34" to "150.14". To manage risk, position your stop loss at "148.34". Ensure you use proper risk management.
Trade Recommendations:
We're long 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.
