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We are short term sellers.

We are short term sellers. | 22 June 2022

22 June 2022, USD/JPY

We are short term sellers.

Wave Analysis;

During the previous trading days, the US Dollar rebounded from the corrective wave cycle two towards the upper side at the impulsive wave cycle three. Currently the price is rallying towards the lower trendline, I expect it to go up to 135.75 at the corrective wave cycle four, then rebound towards the upper side at the impulsive wave cycle five. If you are looking at this pair right now, pick a short term sell from 136.14 towards 135.75.

Trade Recommendations:

We are short term sellers.

Bob Stan
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