We are buyers. | 04 Julio 2022
04 Julio 2022, USD/JPY
Wave Analysis:
During the previous forecast we had anticipated a bearish momentum towards the upper trendline in continuation of the impulsive wave cycle five. The price is still rallying around the lower trendline, I still expect a rebound towards 136.70 or even higher in continuation of the impulsive wave cycle five. However should the price break below the lower trendline then 134.70 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.
