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Sell the US Dollar from 108.200 with your take profit at 104.860.

Sell the US Dollar from 108.200 with your take profit at 104.860. | 24 September 2019

24 September 2019, USD/JPY

Wave Analysis

After failing to sustain the break above the upper trendline. US Dollar corrected itself to the lowerside and is now rallying below the same trendline. While the price is contained below this trendline, we're expecting a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of a corrective wave count and should extend even lower with the next ideal target being 104.860. If this target is broken, then further momentum to the lowerside. As it is on this chart, only sell positions can be recommended.

Trade Recommendations:

Sell the US Dollar from 108.200 with your take profit at 104.860.

TRADE METALS WITHOUT SWAPS!
Bob Stan
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