We're long towards 114.131.

14 February 2019, USD/JPY

Wave Analysis

The US Dollar is currently trading with an increasing bullish bias momentum. We took a buy order from around 108.541 and is still holding, our expectations is that the current bullish price rally is the unfolding of an impulsive wave count and should break above 112.160 towards 114.131. As it is, only buy orders looks more ideal, but should price break below 108.541, then this will be an ideal place to consider a sell order towards 105.040. If you took a buy with us previously, leave this position open.

Trade Recommendations:

We're long towards 114.131.


Graham Osano
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