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We're buyers towards 140.90 towards 160.90.

We're buyers towards 140.90 towards 160.90. | 10 November 2022

10 November 2022, USD/JPY

Wave Analysis:

The US Dollar nearly bounced off from the support level 144.090. As long as price remains above this zone, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the last impulsive wave (5) to the upperside and will see the price rally towards 150.90 and may likely continue much higher towards 160.090 and will extend much higher.

Trade Recommendations:

We're buyers towards 140.90 towards 160.90.

Bob Stan
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