We are buyers towards 136.95. | 29 Junio 2022
29 Junio 2022, USD/JPY
Wave Analysis:
The US Dollar is currently trading on an uptrend, the price bounced off from the impulsive wave cycle three towards the lower side at the corrective wave cycle four. Right now the price is on the lower trendline, I expect a bullish momentum towards 136.95 or even much higher in continuation of the impulsive wave cycle five. On the flipside, should the price break below the lower trendline, then 135.95 would be a good place to pick a sell from with the first ideal target at 135.15.
Trade Recommendations:
We are buyers towards 136.95.
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.
