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We're buyers with an ultimate target at 116.78.

We're buyers with an ultimate target at 116.78. | 10 June 2021

10 June 2021, USD/JPY

We're buyers with an ultimate target at 116.78.

Wave Analysis

After breaking above the upper trendline. The Us dollar continues to rally above this trendline. As it is now, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of an impulsive wave count and could see price break above 114.195 towards 117.070 or even higher. As it is now on this chart, we recommend looking for long term buy positions. On the flipside, should the price break and close below the same trendline, then we are looking for low risk sell orders towards 101.935.

Trade Recommendations:

We're buyers with an ultimate target at 116.78.

Profit within arm’s reach The strategy's profitability over the past year and a half was 129%. The strategy has simple and understandable rules, trading on it takes 5 minutes a day. Inside you find the level of opening positions, Take Profit and Stop Loss levels. To ensure profitable trading, implement the FreshForex strategy today: 1) Deposit $90 or more in your trading account from June 2 to June 29, 2021. Your deposit is fully available for trading. 2) Send a request to school@freshforex.com and specify your account number. Make a note in the email that you want to receive a strategy.

Bob Stan
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