Wait. | 09 Marzo 2022
09 Marzo 2022, USD/JPY
Wave Analysis;
The US Dollar has been trading within the upper and the lower trendline for a while now.The price is currectly on the upper trendline at the impulsive wave cycle five,we expect the price to go upto the resistance level ( 9116.06-116.15), then continue donwards.If you are looking at this pair right now wait for the price at 116.06 then pick sell positions.As long as the price remains below the resistance level,the sellers have an upper hand.
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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.
