Strifor || USDJPY-07/28/2023
Preferred direction: SELL
Comment: A busy week for the Japanese yen, which so far closes the USDJPY pair in the red zone at the end of the week. Earlier, we were just counting on a fall, trading ideas that were fully worked out in a plus. At the moment, the instrument is trying to re-test the level of 138.667 as part of the medium-term movement. The SELL-priority for the currency pair remains. A drop to 137 is expected, and the price will go lower.
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Comment: A busy week for the Japanese yen, which so far closes the USDJPY pair in the red zone at the end of the week. Earlier, we were just counting on a fall, trading ideas that were fully worked out in a plus. At the moment, the instrument is trying to re-test the level of 138.667 as part of the medium-term movement. The SELL-priority for the currency pair remains. A drop to 137 is expected, and the price will go lower.
Thank you for like and share your views!
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