We're buyers for now | 01 May 2023
01 May 2023, USD/JPY
Wave Analysis:
The US Dollar bounced off from the lower trendline headed straight to the upperside and is still showing signs of continuing to the upperside. On this chart, I am looking at nothing but a possible momentum to the upperside, if you are looking at this chart, look for low risk buy orders with an ideal target set along the upper trendline and may break and close above it towards 136.
Trade Recommendations:
We're buyers 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.
