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We're sellers towards 128.500

We're sellers towards 128.500 | 04 January 2023

04 January 2023, USD/JPY

We're sellers towards 128.500

Wave Analysis:

During the previous trading day, the US Dollar is still below 130.941, we expect nothing but a possible momentum to the lowerside is expected towards128.90 and may continue much to the lowerside.If the price breaks and closes above 130.941, then this will be a good place to consider a possible long term buy position with the next ideal target set around 133.736 and may continue much higher and may extend much higher.
Trade Recommendations:
We're sellers towards 128.500
Bob Stan
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