Buy US Dollar from the immediate trendline towards 109.65. | 20 سبتمبر 2019
20 سبتمبر 2019, USD/JPY
Wave Analysis
Nothing much appears to be happening on this pair. The US Dollar is still rallying above the upper trendline. While the price is contained above this trendline, I expect a possible extension of both the impulsive waves (c) and 5 and should continue massively to the upperside towards 109.65. This view can only be invalidated in case the price breaks below the immediate trendline, if this is the case, then we'll expect a possible momentum to the lowerside with an ideal take profit at 104.70.
Trade Recommendations:
Buy US Dollar from the immediate trendline towards 109.65.
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.
