Wait | 16 يونيو 2020
16 يونيو 2020, USD/JPY
Wave Analysis
The Us Dollar continues to consolidate despite the previous forecast that it could plunge to the lower side. As long as the price does not break below the previous week's lowest low, We remain on the sidelines, but should the price break and close below 106.690, then this could be a good place to pick a long term sell position with an ultimate target around 105.00. And on the flip side, a break and close above the Friday's highest high could be a good indication that we are heading to the upper side.
Trade Recommendations:
Wait
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.
