We're sellers towards 120.90. | 02 ديسمبر 2022
02 ديسمبر 2022, USD/JPY
Wave Analysis
During the previous trading day, the US Dollar rallied to the lowerside and is still showing signs of continuing to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (5) to the lowerside and will see the price rally towards 136.90 and will continue much lower towards 120.0 or even lower. As it is right now, only sell positions is ideal and will be recommended now towards 120.00.
Trade Recommendations:
We're sellers towards 120.90.
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.
