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We're waiting to buy a break above 142.354 towards 145.777.

We're waiting to buy a break above 142.354 towards 145.777. | 22 November 2022

22 November 2022, USD/JPY

Wave Analysis

During the previous trading day, the US Dollar rallied to the upperside and is still showing signs of continuing to the upperside, as it is right now, I expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the last impulsive wave (c) to the upperside and will likely see the price rally towards 145.77 and may likely extend much higher. On this chart, we are strictly looking for buy positions.

Trade Recommendations:

We're waiting to buy a break above 142.354 towarrds 145.777.

Bob Stan
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