Wait | 04 اكتوبر 2021
04 اكتوبر 2021, USD/JPY
Wave Analysis
During the previous trading week, the US Dollar rallied to the upperside but failed to breakout above the zone 112.246-111.599. If the price can breakout above this zone, then further momentum to the upperside is expected. The anticipated bullish price rally is the continuation of the last impulsive wave (c) to the upper side and should breakout above 114.735 and may continue much higher. And as long as the price remains below the zone marked above, we're sellers.
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.
