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We're likely to see sellers take control towards 107.270

We're likely to see sellers take control towards 107.270 | 15 September 2021

15 September 2021, USD/JPY

We're likely to see sellers take control towards 107.270

Wave Analysis

Yesterday, Euro rallied to the lowerside and is still pretty much bearish both on the daily and on the 4 hours chart. As it is right now, we are looking forward to a possible momentum to the lower side and may break below the lower support level 107.675 and may extend even lower. If the price rebounds from this level, then we will be looking for long term buy positions towards 110.915 and should continue even higher. A break above this level will push the price much higher.
Trade Recommendations:
We're likely to see sellers take control towards 107.270
Bob Stan
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