We're buyers towards 135.413 | 16 Agosto 2022

16 Agosto 2022, USD/JPY

Wave Analysis:

The US Dollar is currently within a range 132.365-135.413. As long as the price does not clearly break out of this range, we are waiting for a possible continuation of the last impulsive wave (c) to the upperside and may see the price break above 135.413 towards 137.344 or even higher. On this chart, only buy positions looks ideal and can safely be recommended.
Trade Recommendations:
We're buyers towards 135.413

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.
Bob Stan
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