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Resell the Us Dollar from 103.806 towards 102.040,

Resell the Us Dollar from 103.806 towards 102.040, | 07 January 2021

07 January 2021, USD/JPY

Wave Analysis

During the previous trading day, The Us dollar pulled back to the upper side but is still below 103.806-103.696, as it is now, we are expecting further correction to he upper side but should not go beyond the zone we just mentioned above, if you are looking at this chart now, keep looking for long term, sell positions especially from this zone, if the price breaks and closes above 103.806, then we will be expecting a possible rally much higher with the next ideal target set around the upper trend line.

Trade Recommendations:

Resell the Us Dollar from 103.806 towards 102.040,

Bob Stan
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