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Wait. | 11 April 2022

11 April 2022, USD/JPY

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Wave Analysis:

During the previous forecast, we had anticipated that the price would either break below or above the upper trendline .The price bounced off from the upper trendline at the impulsive wave cycle five,it rallied to the lower side then rebounded to the upper side.As at now, the price is on the upper trendline,I expect it to break above clearly for us to pick a clear buy position.If you are looking at this pair right now, wait for the price to break above the upper trendline then pick buy positions.

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Bob Stan
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