Analysis of margin levels – USDJPY: medium-term buys of the pair.

USDJPY – Down

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 134.276-134.562. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 134.793-135.076. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.

• The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 22.06.2022.

• Quotation of the higher boundary of the zone 1/4-135.653.

• Quotation of the higher boundary of the zone 1/2–134.660.

• Intraday objectives: update the highs from 22.06.2022-136.661.

• Medium-term objectives: test the lower bound of GWCZ –137.358.

• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.

• Buy: 134.660-135.653, Take Profit 1-136.661, Take Profit 2-137.358.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

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