Trading Signal - 07 / 07 / 2023 - 16:00 (GMT +3)

Instrument: USDJPY
by: Chief Technical Strategist Avramis Despotis

Previous Close 143.24

Change -0.60 %

Current 143.24

52 Week High 149.46

52 Week Low 127.22

30 Days ATR 2.86

40 Weeks ATR 3.08

Trend & Support & Position & Trade Entry, Take Profit &
Time Comments
Condition Resistances Probability Stop Loss Levels

Position Entry SL

142.85 143.55
60min
Waiting for a retracement higher towards the SELL - -
CHART
142.60 144.00 143.55 resistance level in order to reinstate
· Downwards
SHORT positions. Trade P. TP1 TP2
Next 3 Days Strong
· 142.10 144.70

Oversold 2 - - -

Position Entry SL

240min 142.50 144.10

CHART Waiting for a retracement higher towards the SELL - -
· 141.30 145.00 144.10 resistance level in order to reinstate
Downwards
Next 3 SHORT positions. Trade P. TP1 TP2
Strong
Weeks 140.00 146.60
·
Oversold 1 - - -

Position Entry SL

Daily 141.20 145.50

CHART BUY - -
Waiting for a retracement lower towards the 141.20
· 139.20 148.00
Next 3 Upwards support level, in order to reinstate LONG positions.
Trade P. TP1 TP2
Strong
Months 135.90 151.00
·
Neutral - - -
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