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Expect sellers to come in anytime

Expect sellers to come in anytime | 03 Septiembre 2020

03 Septiembre 2020, USD/JPY

Look for sell positions.

Wave Analysis

Nothing much happened on this pair during the previous trading day, we are still looking for sell positions as long as the price remains below the upper trendline. At this point, we recommend looking for short position towards the level 105.000. A break below this level will mean we are looking for long term sell position towards the lower trendline. A break and close above the inner upper trendline will mean we are looking for long term buy position towards the previous week's highest high.

Trade Recommendations:

Look for sell positions towards 105.00.

Bob Stan
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