24 Tháng mười hai 2020, USD/JPY
Technical observation
USD is trading with an increasing bearish momentum below a resistance zone 103.73-103.67. I expect a possible surge to the lower side to the supportive line 102.86, however, this pair can still rise above the zone 103.73-103.67. If you went short with this pair within the zone after a bounce, remain in the trade with your take profit at 102.86. In case there is a clear breakout above the zone mentioned above with a big green candle, wait for a correction to it confirming a possible momentum to the upper side before you pick long positions with your take profit at the resistance line 104.70.
Trade recommendation
Remain short with your take profit at 102.86.
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