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We're flat

We're flat | 28 March 2019

28 March 2019, USD/JPY

We're flat

Wave Analysis

The US Dollar is still below the level 110.836. This pair is bullish on the monthly chart, but on the weekly chart above, we're below 110.836 which is a key level. We're still waiting for a clear breakout above 110.836 to confirm that we're upwards towards 114.836. As it is on the weekly chart above, we're flat, we're waiting for the current month's candle to rise above 110.836 to confirm that we're upwards towards 114.836. And in case the price bounce from 110.836, then a short term sell towards 100.471.

Trade Recommendations:

We're flat

A lot of interesting information on the webinar!

Bob Stan
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