Buy a rebound from 140.400 towards 144.90 | 11 Noviembre 2022
11 Noviembre 2022, USD/JPY
Wave Analysis
Yesterday, the US Dollar rallied with an intense bearish bias momentum and even went and closed below 144.809 but failed to break below 140.400, the latter is significant support level, and while the price does not clearly break and close below it, we choose to remain on the sidelines, we are waiting for a break below this level 140.400 to pick a sell or a rebound from it to pick a buy position.
Trade Recommendations:
Buy a rebound from 140.400 towards 144.90
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.
