We're on the sidelines for now. | 01 Noviembre 2022
01 Noviembre 2022, USD/JPY
Wave Analysis
During the previous trading day, we saw a surge to the upper side, however, the US Dollar remained below the level 149.392, this is a key level and while the price does not clearly break and close above, we will be expecting a sell from the same level. As it is right now, expect a surge towards 149.393. On the flipside, should the price break and close below 148.293, then this will be a good place to consider a sell from.
Trade Recommendations:
We're on the sidelines for now.
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.
