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We're buyers towards 148.90

We're buyers towards 148.90 | 08 September 2022

08 September 2022, USD/JPY

We're buyers towards 148.90

Wave Analysis:
During the previous trading day, the US Dollar continued to the upperside and is still pretty much bullish both on the daily and on the weekly charts. On this chart, I expect a possible continuation of the last impulsive wave (5) to the upperside and should see the price ascend beyondd 148.90 or even higher. Sell positions looks a bit risky and may not be recommended at the momentum.
Trade Recommendations:
We're buyers towards 148.90
Bob Stan
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