We're buyers towards 148.90 | 16 سبتمبر 2022
16 سبتمبر 2022, USD/JPY
Wave Analysis:
The US Dollar is currently heading to the upperside. As long as the price remains above the two Moving averages, especially above the 52 period moving average, I expect nothing but a possible momentum to the upperside, the idea will be to keep looking for long term buy positions expecting a rally towards 148.90 and could extend much higher. On this chart, buy positions looks ideal and can safely be recommended. You could wait for a pullback towards 23.6% fib level to pick a buy position.
Trade Recommendations:
We're buyers towards 148.90
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.
