We're looking for a possible long term buy positions towards 112.00 | 28 July 2021
28 July 2021, USD/JPY
Technical Observation:
USDJPY pulled back to the lowerside and is now around the previous week's opening price. While the price does not clearly break and close below it, we remain on the sidelines, a rebound from around the previouis week's opening price wikl mean we are looking for a possible long term buy position. On the otherside, should the price break below this opening price, then we will be expecting further rally to the lowerside.
Trade Recommendations:
We're looking for a possible long term buy positions towards 112.00
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.
