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Rebuy the US Dollar from 105.744 with your target at 106.914.

Rebuy the US Dollar from 105.744 with your target at 106.914. | 09 October 2020

09 October 2020, USD/JPY

Rebuy the US Dollar from 105.744 with your target at 106.914.

Wave Analysis

The Us dollar continues to rally above the level 105.744. While we continue to see sustenance above this level, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the impulsive wave (c) to the upper side and should breakout above 106.286 towards 106.914. If you are looking at this chart now, you either wait for a buy from 105.744 or wait and buy a breakout above 106.286 towards 106.918 and may extend much higher towards 107.952.

Trade Recommendations:

Rebuy the US Dollar from 105.744 with your target at 106.914.

Bob Stan
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