USD/JPY. Continued Growth Expected. | 12 Abril 2024

12 Abril 2024, USD/JPY

USD/JPY. Continued Growth Expected.

After finally surpassing the resistance level, the price is beginning to consolidate at new levels. This may take some time, so expecting directional movement in the near term might not be advisable.
However, overall, the situation remains favorable for entering buy positions on pullbacks. This is because the development of wave 5 of v is clearly not yet complete. It appears too short for the considerable resources expended to overcome the specified level.
Therefore, in the current situation, it's recommended to consider only buy positions.
Investment Idea: Buy at 153.30, with a stop loss at 153.10, and a take profit target at 155.00.
Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.