We're on the sidelines for now | 18 نوفمبر 2021
18 نوفمبر 2021, USD/JPY
Wave Analysis:
During the previous trading day, the US Dollar pulled back to the lowerside and ended up inside the wedge formation. On this chart, we expect further upward momentum and could see the price break above 114.995 and may continue much higher towards 121.67 towards 135 or even higher. If you are on the chart right now, expect further momentum much higher. On the flip, only a break below the wedge may attract a possible low risk sell position.
Trade Recommendations:
We're on the sidelines for now
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.
