Remain long towards 114.101. | 01 Abril 2021
01 Abril 2021, USD/JPY
Wave Analysis
The Us dollar continues to rally above the upper trendline. This is perfectly in line with what we said few days ago, while continue to see sustenance above this trendline, we expect nothing but a possible momentum to the upperside, the anticipated bullish price rally is the continuation of an impulsive wave count and could see price breakout above 111.310 towards 114.101. If the price breaks and closes above this level, then further momentum to the upper side is expected with the next ideal target at 119.00.
Trade Recommendations:
Remain long towards 114.101.
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.
