We're long for now | 25 September 2023

25 September 2023, USD/JPY

We're long for now

During the previous trading day, the US Dollar continued to the upperside and is still showing signs of continuing to the upperside. As it is now, we are strictly looking for long term buy position towards150.0 and may likely extend much higher. On this chart, we are looking for longg term buy positions, but in case, the price breaks and closes below the lower trendline, then further momentum to the lowerside is expected with the next ideal target at 146.632.

Trade Recommendations:

We're long for now

Bob Stan
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