We're looking for a buy from 138.229 toward 140.090. | 01 ديسمبر 2022
01 ديسمبر 2022, USD/JPY
Wave Analysis
During the previous trading day, nothing much happened on USDJPY, the price rallied to the lowerside but failed to break below 138.229-138.016 and should not break below this zone. As long as the price does not break below this zone, this will be a good place to consider a possible long term buy position towards 140.090 and may breakout much higher. On the flipside, should the price break below 138.016, then this will be a good place to consider a possible buy position.
Trade Recommendations:
We're looking for a buy from 138.229 toward 140.090.
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.
