We're sellers for now | 17 Noviembre 2023
17 Noviembre 2023, USD/JPY
USDJPY has been bearish for the majority of yesterday, specifically on November 15, 2023. This trend is more evident in the lower timeframe, particularly the 4-hour timeframe. The pair is currently in a corrective phase, with the price forming the minor wave 'a,' and our target for this minor wave 'a' is the support zone of 146.36. Throughout today, we anticipate a continued bearish trend, expecting the price to drop towards 146.36. You may consider placing a short position, with your profit target set at 146.36.
Trade Recommendations:
We're sellers 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.
