We're on the sidelines. | 13 Septiembre 2022
13 Septiembre 2022, USD/JPY
Wave Analysis
Despite the fact that we are expecting a bullish price rally, we continue to see further correction to the lowerside, this downward rally is a corrective wave count and should not break below the lower ma, on this chart, we are holding onto buyers perspective unless the price clearly break and close below 134.345. If this is the case, then further momentum much lower is expected. At this point, we are on the sidelines.
Trade Recommendations:
We're on the sidelines.
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.
