We're buyers towards 160.90. | 26 Octubre 2022
26 Octubre 2022, USD/JPY
Wave Analysis
The US Dollar is still in active up trend. As long as the price remains above the red line above, we are looking for 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 see the price rally towards 155.90 and may likely break and close above it towards 160.90 or even higher.
Trade Recommendations:
We're buyers towards 160.90.
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.
