We are buyers for now. | 20 January 2022

20 January 2022, USD/JPY

We are buyers for now.

Wave Analysis:

During the previous trading hours the US Dollar bounced back from the upper trendine to the lower side as it is now,we are looking forward to a possible rally to the upperside and may see price head straight towards 116.95 and could continue even much higher if the price breaks above the upper trendline.on this chart we are basically buyers unless the price breaks and closes bellow the lower trendline.

Trade Reccommendation:

We are buyers for now.

Bob Stan
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