Strifor || USDJPY-07/14/2023
Preferred direction: SELL
Comment: The sellers managed to drop the price under the level of 138.667 and lower it to the local minimum, as we expected in the previous trading idea. Now the level of 138.667 will act as more of a resistance than a support, and for this it is better to wait for another fall from the level in the rebound format, or rather a false breakout. The limit seller is still strong. In the global view, the tool looks down to 130.
Thank you for like and share your views!
Comment: The sellers managed to drop the price under the level of 138.667 and lower it to the local minimum, as we expected in the previous trading idea. Now the level of 138.667 will act as more of a resistance than a support, and for this it is better to wait for another fall from the level in the rebound format, or rather a false breakout. The limit seller is still strong. In the global view, the tool looks down to 130.
Thank you for like and share your views!
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