We're long for now | 13 Septiembre 2023
13 Septiembre 2023, USD/JPY
USDJPY remains bullish, as evident from the chart above. The price is currently forming a bullish continuation pattern, indicating the likelihood of the bullish trend persisting. The market is in an impulsive phase and is presently shaping 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. Additionally, you may contemplate placing another long position, but please be aware that it carries higher risk, with the target remaining in the 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.
