We're short for now | 03 7月 2023

03 7月 2023, USD/JPY

We're short for now

USDJPY has successfully concluded the impulsive phase and has transitioned into the corrective phase, following the ABC corrective pattern. The market has established an ascending channel, extending from 142.93 to 144.89, representing a bearish reversal pattern. Our anticipation is for a subsequent decline; however, before that, we expect a temporary rise toward the level of 144.57, forming a double top formation. Subsequently, we anticipate a descent toward the support level of 142.65, marking the completion of the minor Wave 'a' as per our market analysis.

Trade Recommendations:

We're short for now

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.