USDJPY-07/04/2023
Preferred direction: SELL
Comment: Today, the USDJPY currency pair has the greatest chance of turning down over the past 2–3 months. The potential and most confident short entry point is now located at the level of ~143.8. When closing below this level, the instrument is very likely to roll down to 142.204 and 141.327. However, it is unlikely that the instrument will fall like this right away, maybe the same re-test to ~143.8, after which the movement will resume towards the specified targets.
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Comment: Today, the USDJPY currency pair has the greatest chance of turning down over the past 2–3 months. The potential and most confident short entry point is now located at the level of ~143.8. When closing below this level, the instrument is very likely to roll down to 142.204 and 141.327. However, it is unlikely that the instrument will fall like this right away, maybe the same re-test to ~143.8, after which the movement will resume towards the specified targets.
Thank you for like and share your views!
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