We're buyers towards 114.90. | 18 اكتوبر 2021
18 اكتوبر 2021, USD/JPY
Wave Analysis
After a breakout above the upper trendline, the last impulsive wave (v) continued massively to the upperside and is still showing signs off rally much higher. If the price pullsback to the lowerside towards 111.500, then this could be a good place consider a possible long term buy position towards 114.00 and may extend much higher. At the moment, only buy positions looks ideal and can be recommended, however, sell positions must be taken with alot caution.
Trade Recommendations:
We're buyers towards 114.90.
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.
