USDJPY: medium-term buys of the pair. | 14 June 2023

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 139.300-139.900. At the moment, the pair is trading higher, indicating the strength of buyers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 138.200-138.500. At the moment, the pair is trading higher, indicating the strength of buyers.

• The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 30.05.2023.

• Quotation of the higher boundary of the zone 1/4-139.131.

• Quotation of the higher boundary of the zone 1/2–137.748.

• Intraday objectives: update the highs from 30.05.2023-140.543.

• Medium-term objectives: test the lower bound of GWCZ –141.119.

• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.

• Buy: 137.748-139.131, Take Profit 1-140.543, Take Profit 2-141.119.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)