Look for low risk buy orders | 01 اكتوبر 2019
01 اكتوبر 2019, USD/JPY
Wave Analysis
After bouncing off from the supportive trendline during the previous trading day, the US Dollar continued to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As long as the price remains within this shape formation, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the impulsive wave (E), and should continue to the upperside as long as the price is above the previous week's highest high.
Trade Recommendations:
Look for low risk buy orders
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.
