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Buy the US Dollar now with your take profit at 114.367.

Buy the US Dollar now with your take profit at 114.367. | 26 April 2019

26 April 2019, USD/JPY

Buy the us dollar from 111.706 towards 114.367.

Wave Analysis

The US Dollar continues to decline despite the previous forecast that this pair could continue to the upperside. Where the price is now is the best place to look for a buy order. Your stoploss should be above the bullish pin bar seen a fortnight ago, and your take profit at 114.367. The anticipated bullish price rally is the continuation of both the impulsive waves (iii) and [c] and should proceed higher towards 1118.324. Risk averse traders can pick a buy order now, expecting a rise towards 118.324.

Trade Recommendations:

Buy the US Dollar now with your take profit at 114.367.

Trade CFD on NYSE, MOEX and NASDAQ corporate stocks without swap.

Bob Stan
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