Wait | 12 Octubre 2022

12 Octubre 2022, USD/JPY

Technical observation

USD rose and hit my take profit at the level 145.90 then rose above it and as long as it is sustained above this level I expect price to ascend further after a correction to the broken line and a rejection at it. However, if price is not sustained above this level but clearly breaks below it with a big red candle red, wait for a correction to the supportive zone 140.66-140.33 then re-buy USD within it with your take profit still at 145.90 and stop-loss at 138.26. Should there be a clear break below the zone I have mentioned above, I expect the value of USD to plummet towards the supportive level 135.78 or lower to 130.39.

Trade recommendation

Remain flat.

Imelda Maseno
Analyst of «FreshForex» company
¿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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus