We're long for now | 14 Septiembre 2023
14 Septiembre 2023, USD/JPY
USDJPY remains bullish, as indicated by the chart above, where the price is currently forming a bullish continuation pattern. This suggests that the bullish trend is likely to persist. The market is in an impulsive phase and is presently 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. To add more buy orders, we will wait for the price to break above the resistance zone at 147.86 in an impulsive manner and close above it.
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.
