We're buyers towards 118.90 | 15 نوفمبر 2021

15 نوفمبر 2021, USD/JPY

Wave Analysis

The US Dollar is currently 60% bullish. During the previous trading day, the US Dollar rallied to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As it is right now, we expect nothing but a possible momentum to the upper side. This is the continuation of the last impulsive wave (5) to the upperside and should head straight towards 118.90 and may extend much higher towards 124.90 or even higher.

Trade Recommendations:

We're buyers towards 118.90


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.
Bob Stan
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