Wait | 08 فبراير 2019
08 فبراير 2019, USD/JPY
Wave Analysis
Nothing much seems to be happening on this pair, the US Dollar attempted to break above 109.884, but is currently below it. We're waiting for a clear breakout above 109.884 to pick a long term buy order towards 114.131, and on the flip side, should the price break below 108.541, then this will be an ideal place to pick a sell order towards 104.340. The anticipated bearish price rally is the continuation of the impulsive wave (c) and should first break below 107.015, before a move further to the lowerside is seen.
Trade Recommendation:
Wait
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
