USDJPY: medium-term sells of the pair. | 28 March 2023

28 March 2023, USD/JPY

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 132.000-132.600. At the moment, the pair is trading lower, indicating the strength of sellers.USDJPY: medium-term sells of the pair.

• Medium-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 132.350-132.650 and 131.200-131.400. At the moment, the pair is trading lower, indicating the strength of sellers.

• The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 24.03.2023.

• Quotation of the lower boundary of the zone 1/4 – 130.836.

• Quotation of the lower boundary of the zone 1/2 – 132.091.

• Intraday objectives: update the lows from 24.03.2023-129.605.

• Medium-term objectives: test the higher bound of SWCZ –127.221.USDJPY: medium-term sells of the pair.

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

• Sell: 130.836-132.091, Take Profit 1-129.605, Take Profit 2-127.221.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
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 .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus