Wait | 03 Julio 2020

03 Julio 2020, USD/JPY

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Wave Analysis

The Us Dollar continues to rally within the range, not going above or below the supportive trend line. As long as the price remains within this range, we're waiting for a either a bounce from the upper trend line to pick a sell or a bounce from the lower trend line to pick a buy. In case the price breaks and closes below the supportive trend line, then further momentum to the lower side is expected towards 100.690. And should the price break and close above the upper trend line, then we expect further momentum to the upper side.

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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.
Bob Stan
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