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We're buyers towards 148.90.

We're buyers towards 148.90. | 05 September 2022

05 September 2022, USD/JPY

We're buyers towards 148.90.

Wave Analysis:

During the previous trading week, the US Dollar continued to the upperside and is still showing signs of continuing much higher. On this chart, I am looking for a possible continuation of the last impulsive wave (5) to the upperside towards 148.90 and will continue much higher. On the other wise, if the price breaks and closes below the level 138.964 and may likley continue to the lowerside.
Trade Recommendations:
We're buyers towards 148.90.
Bob Stan
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