Wait | 23 اكتوبر 2019
23 اكتوبر 2019, USD/JPY
Wave Analysis
After a rapid move to the upper side, the US Dollar is currently correcting itself to the lowerside, as long as the price remains within the declining shape formation, we expect nothing but further momentum to the lowerside. the anticipated bearish price rally is the continuation of the corrective three wave cycle and should see the last impulsive wave (c) break below 108.010. And on the flip side, should the price break above the upper trendline, then that will mean we're headed to the upperside.
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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.
