We are sellers towards 127.20 | 14 Junio 2022
14 Junio 2022, USD/JPY
Wave Analysis:
During the previous forecast, we had anticipated that the price will bounce back from the corrective wave cycle four towards the lower trendline in continuation of the impulsive wave cycle five. Right now the price is still on the upper trendline it has been forming pin bars I still expect bearish momentum towards 127.20.However,should the price break above the upper trendline, then 135.60 would be a good place to pick a buy from.
Trade Recommendations:
We are sellers towards 127.20
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.
