We're buyers towards 150.90 | 25 Octubre 2022
25 Octubre 2022, USD/JPY
Wave Analysis
The US Dollar is currently in an active uptrend. As long as the price remains above the upper red moving average, we expect nothing but a possible momentum to the upperside, the anticipated bullish price rally is the continuation of the last impulsive wave (5) to the upperside and should the price rally towards 150.90 and will likely extend much higher. On this chart, buy positions looks ideal.
Trade Recommendations:
We're buyers towards 150.90
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.
