Technical Analysis of Intraday Price Movement of USD/JPY Main Currency Pairs, Wednesday September 13, 2023.
September 13, 2023 8:26 am
After the USD/JPY price movement on the 4-hour chart is stuck at the level of the Bullish Fair Value Gap area (Cyan box) which acts well as a support level, in the near future USD/JPY has the potential to appreciate upwards as long as there is no significant correction movement beyond below the level 145.82 then USD/JPY has the potential to test the Equal High level of 147.87 where this condition is also confirmed by the appearance of a BUY signal on the B-Xtrender indicator and the Supertrend AI indicator (Black circle)
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
After the USD/JPY price movement on the 4-hour chart is stuck at the level of the Bullish Fair Value Gap area (Cyan box) which acts well as a support level, in the near future USD/JPY has the potential to appreciate upwards as long as there is no significant correction movement beyond below the level 145.82 then USD/JPY has the potential to test the Equal High level of 147.87 where this condition is also confirmed by the appearance of a BUY signal on the B-Xtrender indicator and the Supertrend AI indicator (Black circle)
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
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