We're buyers towards 118.90 or even higher. | 01 نوفمبر 2021
01 نوفمبر 2021, USD/JPY
Wave Analysis
During the previous trading week, the US Dollar broke above the upper trendline and is still pretty much bullish. As long as the price remains above this trendline, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the last impulsive wave (v) to the upperside and should see the price rally much higher with the next ideal target set around 117 and may continue much higher.
Trade Recommendations:
We're buyers towards 118.90 or even higher.
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.
