We're temporarily sellers | 02 November 2021

02 November 2021, USD/JPY

We're temporarily sellers

Wave Analysis

Yesterday, the US Dollar pulled back to the lowerside but is still pretty much bullish both on the daily and on the weekly charts. If you are looking at this chart, expect the current bearish price rally to be a just a correction but should not go beyond the immediate lower trendline. If this is broken, then further momentum much lower is expected. On the flipside, a break above the previous month's highest high will mean we are continuing much higher. On this chart, if you are not on the sidelines, look for low risk sell positions.
Trade Recommendations:
We're temporarily sellers
Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus