Remain short towards 100.00. | 19 نوفمبر 2020
19 نوفمبر 2020, USD/JPY
Wave Analysis
Just as previously anticipated the Us dollar continued to the lowerside and is still pretty much bearish. As long as the price remains below the three Lines of the Alligator indicator, we expect nothing but a possible momentum to the lowerside. the anticipated bearish price rally is the continuation of the impulsive wave (v) to the lowerside and should breakout below 103.770 with the next ideal target at 100.000. This view will only be invalidated in case the price breaks and closes above the blue line.
Trade Recommendations:
Remain short towards 100.00.
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.
