We are buyers. | 30 Junio 2022
30 Junio 2022, USD/JPY
Wave Analysis:
Recently the US Dollar rallied towards the lower trendline at the corrective wave cycle four from the impulsive wave cycle three. As at now the price is on the lower trendline, I expect a rebound towards the upper trendline in continuation of the impulsive wave cycle five. If you are currently looking at this pair right now, pick a buy from 136.50 towards 137.60.However, should the price break below the lower trendline, then 136.35 would be a good place to pick a sell from.
Trade Recommendations:
We are buyers.
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.
