Buy a break above 110.369. | 27 Maret 2019
27 Maret 2019, USD/JPY
Wave Analysis
The US Dollar is currently pulling back to the uppersdide but is still below 110.836. We're waiting for a clear close above 110.369 to confirm that we're upwards towards 114.135, the anticipated bullish price rally is the continuation of the impulsive wave (iii) to the upperside and should first break above 112.260 before a move even higher is seen. While the price is below 110.362, we remain jittery to look for any buy order. However, should price get below 110.472, then this will be an ideal place to look for a short order.
Trade Recommendations:
Buy a break above 110.369.
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.
