27 September 2023, USD/JPY
Technical observation
On the weekly chart above the price is trading with an increasing bullish bias slightly below the level 151.83, this week I expect a further surge to the upper side and in case you are already holding bullish positions with this pair, I recommend that you remain in the trade with your take profit at 151.83. Should there be a clear penetration above the level 151.83, I expect the price to ascend further to the upper side after a correction and a bounce at the broken line. If there is clear breach below the zone 128.11-127.08 with a big red candle, I anticipate a possible plunge towards the key levels 101.17 and 76.33.
Trade recommendation
Remain long with your take profit at 151.83.
en 
cn 
id 
ar 
ru 
vn 
es 
pt 
kz 
ua 
tj 
uz 
az 
ms 
