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Expect the price to move from 115.37 to 114.95

Expect the price to move from 115.37 to 114.95 | 12 January 2022

12 January 2022, USD/JPY

Expect the price to move from 115.37 to 114.95

Wave Analysis:

This pair has been rallying within the upper trendline and the lower trendline in a downward trend,Currently the price is at 115.37,Iexpect it to continue to the lowerside to complete impulsive wave 5 at 114.95.

Alternatively if the price breaks above the upper trendline we expect to pick a good buy position upto 116.15 or even more further.

Trade Reccomendation:

Expect the price to move from 115.37 to 114.95

Bob Stan
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