We're watching for a buy around 145.016. | 18 Agustus 2023
18 Agustus 2023, USD/JPY
For the past week, the USD has been in an active bearish correction, as it is right now, I am looking for a possible rally to the lowerside towards the level 145.016, \as long as the price remains above 145.016, we are going to be looking for a low risk buy position. We are basically waiting for a buy around 145.016, this is a good buy point, however, in case the price breaks and closes below this level, then this will be a good place to consider looking for low risk sell positions:
Trade Recommendations:
We're watching for a buy around 145.016.
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.
