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We're sellers towards 132.545.

We're sellers towards 132.545. | 09 December 2022

09 December 2022, USD/JPY

We're sellers towards 132.545.

Wave Analysis

Except for the bullish pullback seen earlier this week, nothing much has happened on the US Dollar. While the price remains below 138.229, this remains to be a good place to consider a possible long term sell position, the idea on this chart is to keep looking for low risk sell positions and may see the price break and close below 132.545. If this is the case, then further momentum to the lowerside is expected.

Trade Recommendations:

We're sellers towards 132.545.

Bob Stan
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