Buy from 115.47 to 118.0. | 10 January 2022

10 January 2022, USD/JPY

Buy from 115.47 to 118.0.

Wave Analysis:

The price broke above the previous resistance level,115.47 we expect the price to continue upwards. Alternatively if the price bounces back below the resistance level 115.47,we expect it to go downwards up to 112.90,then continues upwards. From this point,112.90 we will be looking for a low risk buy position.

Trade Recommendation:

Buy from 115.47 to 118.0.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Bob Stan
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