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We're buyers towards 111.689.

We're buyers towards 111.689. | 28 September 2021

28 September 2021, USD/JPY

We're buyers towards 111.689.

Wave Analysis:

During the previous trading day, the US Dollar continued to the upperside and is still pretty much bullish both on the daily and on the weekly charts. If you are looking at this chart right now, we recommend looking for long term buy positions expecting the price to break above 111.686 towards 112.90 and may extend much higher. If the price rebounds from around 111.686, then this will be a good place to consider a possible long term sell position back to 110.90. As it is right now, we are holding onto a possible long term buy position expecting a surge towards 111.689.
Trade Recommendation's:
We're buyers towards 111.689.
Bob Stan
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