We're buyers towards 140.90 and may likely continue much higher. | 31 Agosto 2022
31 Agosto 2022, USD/JPY
Wave Analysis:
During the previous trading day, nothing much happened on the US Dollar. As it is right now, I am waiting for a clear breakout above the previous day's highest high to pick a possible long term buy position. The anticipated bullish price rally is the continuation of an impulsive wave (5) to the upperside and should continue much higher with the next ideal target set around 140 and may likely continue much higher.
Trade Recommendations:
We're buyers towards 140.90 and may likely continue much higher.
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.
