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We're buyers towards 148.393.

We're buyers towards 148.393. | 02 November 2022

02 November 2022, USD/JPY

We're buyers towards 148.393.

Wave Analysis

The US Dollar attempted a break below 147.292 but failed to sustain the break below this level, as long as the price remains above this level, we are looking for a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the last impulsive wave count but should not go beyond 148.293. If the price breaks above this level, then further momentum to the upperside is expected.

Trade Recommendations:

We're buyers towards 148.393.

Bob Stan
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