We're looking for long term buy positions | 27 July 2021

27 July 2021, USD/JPY

We're looking for long term buy positions

Technical Observation:

Last week, the british pound bounced off from the supportive trendline, however, we are yet to see any clear moves to the upperside, while the price remains above this trendline, we are looking for long term buy positions towards the level indicated above, if the price should againbreak below the lower trendline, then we will be looking for a possible long term sell position towards the levels indicated below
At this point however, only buy positions looks ideal and can safely be recommended.
Trade Recommendations:
We're looking for long term buy positions
Imelda Maseno
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
Login
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .