Remain flat | 11 Septiembre 2023
11 Septiembre 2023, USD/JPY
USDJPY remains bullish since the price has not broken below the support zone at 147.27. As we can see from the chart above, the price is currently forming a bullish continuation pattern, indicating that the bullish trend is likely to continue. The market is in an impulsive phase and is currently forming the impulsive major outer wave 'V,' with our target set at 148.34. If you have an active buy trade, consider moving the stop loss to breakeven. You may also consider placing another long position with a target range of 149.45 to 150.09.
Trade Recommendations:
Wait
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.
