We are sellers towards 114.60. | 04 Marzo 2022
04 Marzo 2022, USD/JPY
Wave Analysis:
Previously this pair was on a downtrend, the current upward momentum is a correction of the previous impulsive wave count five.During the previous trading hours,the price tried breaking above the resistance zone (115.76-115.71) but it ended up closing below it.We expect a futher bearish momentum towards 114.60 or even much higher.
Trade Reccommendations:
We are sellers towards 114.60.
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.
