We're still sellers | 26 Marzo 2021
26 Marzo 2021, USD/JPY
Wave Analysis
During the previous trading day, we saw a slight rally to the lowerside but we're still expecting further acceleration even lower. If you are looking at this chart, you should be looking for long term sell positions with your first take profit at 107.80 and the next target at 104.74. If the price breaks and closes below 104.74, then further momentum to the lowerside is expected with an ultimate target set at 98.30 and could breakout much lower with the next ideal target set at 96.00.
Trade Recommendations:
We're still sellers
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.
