27 May 2022, USD/JPY
Wave Analysis;
During the previous trading days,the price rebounded from the impulsive wave cycle three towards the corrective wave cycle four.As at now, the price is rallying towards the lower trendline,and I expect it to go upto around 125.75 or even much lower in continuation of the impulsive wave cycle five.We are sellers from 126.75 towards 125.75.
Trade Recommendations:
We are sellers.