Buy a bounce from 108.13-108.05 with your take profit at 108.25. | 22 اكتوبر 2019
22 اكتوبر 2019, USD/JPY
Wave Analysis
The US Dollar continues to consolidate . Nothing much has happened on this pair since the previous trading day, we still expect further movements to the lowerside but should not go beyond 108.13-108.05. If the price breaks below this zone, then we will expect further momentum to the lowerside with the nest ideal take profit at 107.00. A bounce from 108.13-108.05 will mean we're continuing to the upperside with our first target at 108.95, a break above this level will push the price even higher.
Trade Recommendations:
Buy a bounce from 108.13-108.05 with your take profit at 108.25.
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.
