A good sell towards 104.510. | 25 سبتمبر 2019
25 سبتمبر 2019, USD/JPY
Wave Analysis
After failing to sustain the break above the upper trendline. The US Dollar continues to make lower lows and is still pretty much bearish both on the 4 hours and on the daily charts. We expect further momentum to the lowerside is expected with an ultimate target around the lower trendline. This view can only be invalidated in case the price pulls back up and even breaks above the upper trendline, if this is the case, then further momentum to the upperside is expected towards 109.510.
Trade Recommendations:
A good sell towards 104.510.
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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.
