Look for buy positions above 107.65. | 18 سبتمبر 2019
18 سبتمبر 2019, USD/JPY
Wave Analysis
Nothing much appears to be happening on this pair, the US Dollar is still above the upper trendline. As long as the price remains above this zone, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the impulsive wave 5 and (c). This view can only be invalidated in case the price breaks below the immediate trendline if this is the case, then we'll expect further momentum even further to the lowerside towards 104.70.
Trade Recommendations:
Look for buy positions above 107.65.
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.
