e're long | 01 Octubre 2018

01 Octubre 2018, USD/JPY

The US Dollar

e're long

Wave Analysis:

The Us Dollar is currently in an active up trend. We're basically waiting for a break above 113.741 to confirm a possible rally to the upperside with an ultimate target at 114.00. If this target is broken, then further momentum to the upperside is expected with an ultimate target at 118.00. According to the 4 hour chart attached, only a buy position looks ideal and can safely be recommended with an ultimate target at 118.00. This pair is bullish on the weekly and monthly charts and chances of continuing upwards is expected.

Trade Recommendations:

we're long

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Bob Stan
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