Wait and buy a rebound from the lower trendline. | 10 سبتمبر 2021

10 سبتمبر 2021, USD/JPY

Wait and buy a rebound from the lower trendline.

Wave Analysis:

Currently the US Dollar is within a range, not going above the upper trendline or below the lower trendline. If the price breaks below the lower trendline, then further momentum to the lowerside is expected with an ideal target set around 107.550. If the price rebound from the lower trendline, then we are expecting further momentum to the upperside is expected with an ultimate target along the upper trendline and may breakout even higher.

Trade Recommendations:

Wait and buy a rebound from the lower trendline.


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.
Bob Stan
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