Buy the US Dollar now with your take profit at 114.367. | 26 April 2019
26 April 2019, USD/JPY
Wave Analysis
The US Dollar continues to decline despite the previous forecast that this pair could continue to the upperside. Where the price is now is the best place to look for a buy order. Your stoploss should be above the bullish pin bar seen a fortnight ago, and your take profit at 114.367. The anticipated bullish price rally is the continuation of both the impulsive waves (iii) and [c] and should proceed higher towards 1118.324. Risk averse traders can pick a buy order now, expecting a rise towards 118.324.
Trade Recommendations:
Buy the US Dollar now with your take profit at 114.367.
Trade CFD on NYSE, MOEX and NASDAQ corporate stocks without swap.
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.
