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We're sellers towards 130.941.

We're sellers towards 130.941. | 02 January 2023

02 January 2023, USD/JPY

We're sellers towards 130.941.

Wave Analysis:

During the previous trading day on Friday, the US Dollar rallied to the lowerside and is still showing signs of containing to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave cycle and may see the price break and close below 130.941 and may push the price much lower with the next ideal target set ideal target set around 100 and may break much lower.

Trade Recommendations:

We're sellers towards 130.941.

Bob Stan
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