Wait | 30 Januari 2019
30 Januari 2019, USD/JPY
Wave Analysis:
The US Dollar continues to edge to the lowerside but is still above the weekly support level 108.579. This is a key level and as long as the price does not break below it, this is a good buy place. A break below will mean, wait for a clear confirmation that we're sellers with our target at 107.030 and the next at 104.60. And on the bullish side, a bounce from 108.579, will attract a buy position towards 110.630, and the next target at 113.980. A break above this target will culminate into an impulsive wave count towards 117.830 and the next at 121.00
Trade Recommendations:
Wait
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.
