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We're sellers towards 130.94

We're sellers towards 130.94 | 30 December 2022

30 December 2022, USD/JPY

We're sellers towards 130.94

Wave Analysis:

The US Dollar is currently rallying in a bearish bias momentum. As it is right now, we are looking for nothing but a possible momentum to the lowerside, we expect nothing but a possible rally towards 130.94 and may continue much lower towards 120 and may continue even lower. On the flipside, should the price break and close above 133.738, then this will be a good place to consider a possible buy position towards 142.90.
Trade Recommendations:
We're sellers towards 130.94
Bob Stan
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