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We are buyers towards 116.55.

We are buyers towards 116.55. | 22 February 2022

22 February 2022, USD/JPY

We are buyers towards 116.55.

Wave Analysis:

During the previous trading weeks the US Dollar rallied to the lower side massively,right now the price is on the lower trendline. I'm looking foward to further bullish momentum towards 116.55 or even much higher.On the flipside should the price break clearly below the lower trendline, then we will be looking for sell positions,until then we are long term buyers from 114.67 towards 116.55.

Trade Reccommendations:

We are buyers towards 116.55.

Bob Stan
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