10 Tháng bảy 2023, USD/JPY
USDJPY has experienced a significant drop in line with our previous analysis from the week of 7/7/2023. The market remains in a corrective phase, with the current price at the level of minor wave 'a' at 142.06. Our expectation is for the market to form a double bottom pattern at this zone and subsequently reverse to the upside, targeting a minimum level of 144.04. It is important to monitor the price action closely, as a decisive break below 141.95 would invalidate this setup, requiring a reassessment of the market conditions.
Trade Recommendations
We're buyers for now
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