Wait | 13 September 2022

13 September 2022, USD/JPY

Wait

Technical observation

USD is trading with an increasing bearish bias below a resistance level 144.81 and as long as it is contained below this line, I expect price to surge further to the lower side. The anticipated downwards movement is a correction to the supportive level 139.21 and I would recommend that you remain neutral and wait for a pullback to this level then pick bullish positions at it after a bounce with your take profit at 144.81 and stop-loss at 137.52. If there is a clear break above the level 144.81, I expect the value of USD to ascend further after a correction to the broken line; I can only recommend short position below the level 139.21.

Trade recommendation

Wait for a correction to the level 139.21 to buy USD.

Imelda Maseno
Analyst of «FreshForex» company
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