Rumah Tentang perusahaan Ulasan harian USD/JPY Trading Analysis (08/07/2024)

USD/JPY Trading Analysis (08/07/2024)

08.07.2024

Market Review

The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator.

USD/JPY price chart

Trading idea:

  • Buy when the formation of the ascending wave structure begins, when the wave A breaches the pivot 2 (160.715) of the descending truncated structure.
  • Stop-loss at 160.250.
  • Price targets at 61.320 and 161.940.


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Penulis: GC
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