Buy the US Dollar towards 108.255. | 30 سبتمبر 2019
30 سبتمبر 2019, USD/JPY
Wave Analysis
The Friday's bounce from the supportive trendline marked an end to the corrective wave (D) and the beginning of the next impulsive wave (E). As long as the price remains above the lower trendline, we expect the last impulsive wave (E) to continue to the upperside and should break above last weeks highest high but should not go above 110.00. This view can only be invalidated in case the price breaks below Friday's lowest low, if this is the case, then a momentum to the lowerside expected.
Trade Recommendations:
Buy the US Dollar towards 108.255.
TRADE METALS WITHOUT SWAPS!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.
