We're long for now | 07 Septiembre 2023
07 Septiembre 2023, USD/JPY
USDJPY remains bullish, as the market continues to move impulsively to the upside. It is currently in an uptrend, having broken above the resistance zone at 147.33. The market is in an impulsive phase and is currently forming the major outer wave 'V,' with a target set at (148.34). If you have an active buy trade, consider moving the stop loss to breakeven. Additionally, since the market remains bullish, you can also consider opening another long position with a target range of 149.45 to 150.09.
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.
