Expect a possible momentum towards 107.382. | 21 يوليو 2020
21 يوليو 2020, USD/JPY
Wave Analysis
For the past few days, the US Dollar has remained within a range, not going above 107.382 or below the lower trend line, as it is now, we are expecting a possible continuation to the upper side but should not go above the upper trend line, we are basically, expecting a possible break above 107.382 to continue upwards, but should the price fail to break above this level, then we will sell the corrective wave (D) towards the lower trend line where we'll be looking to buy the last impulsive wave (E) towards 107.382.
Trade Recommendations:
Expect a possible momentum towards 107.382.
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.
