We are buyers from the lower trendline up to 117.05 | 17 يناير 2022
17 يناير 2022, USD/JPY
Wave Analysis:
Previously this pair bounced back from the upper trendline directly to the lower side, currently the price is at the lower trendline I am expecting strong bullish momentum to the upper side up to the upper trendline in a move to complete impulsive wave 5 with my ideal target at 117.05 from 114.45.On the flipside if the current candle breaks and closes below the lower trendline we expect to continue downwards 109.90.
Trade Recommendations:
We are buyers from the lower trendline up to 117.05.
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.
