We're looking for long term sell orders towards 105.00 | 04 Junio 2019
04 Junio 2019, USD/JPY
Wave Analysis
The US Dollar continue to plunge even lowerside. This is perfectly in line with the previous day's forecast that the us dollar was to continue to the lowerside. As long as the price remains below 108.390, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of both the impulsive waves (v) and (c) and should break below 107.665 towards 105.00 or even lower. As it is on the 30 minutes chart, we recommend looking for sell orders towards 105.00 or even lower.
Trade Recommendations:
We're looking for long term sell orders towards 105.00
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.
