We're buyers | 09 2月 2023

09 2月 2023, USD/JPY

We're buyers

USDJPY has been on a downtrend since last week. The market moved in the form of a descending channel from major wave (I),138.43, to (130.46). As we can see on the chart above, the price has already broken above the upper trendline of this descending channel. This is a clear sign that the trend has changed and now the bulls are in control. Again at (130.42), the market has formed a double bottom which is a bullish pattern. I expect this pair to buy from this double bottom (130.42) up to around,135.14

Trade Recommendations

We're long

Bob Stan
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus