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We are buyers towards 117.25.

We are buyers towards 117.25. | 23 February 2022

23 February 2022, USD/JPY

We are buyers towards 117.25.

Wave Analysis;

This pair has been trading within the upper and the lower trendline for a while now, during the previous trading days, the price bounced off from the lower trendline and was expected to go upto the upper trendline in continuation of the impulsive wave cycle five.Recenntly,the price started rallying to the lower side, we expect a rebound from the lower trendline to the upper side towards 117.25 or much higher.

Trade Reccommendations:

We are buyers towards 117.25.

Bob Stan
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