We're buyers | 04 اكتوبر 2022
04 اكتوبر 2022, USD/JPY
Wave Analysis
For some reasons, the US Dollar and the British pound are in a positive correlation, both of these charts are in an active up trend. As long as the price remains above these two moving averages, I expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the last impulsive wave (5) towards 149.00 and may accelerate much higher.
Trade Recommendations:
We're buyers
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.
