USDJPY. Look for buy orders | 26 Juli 2019
26 Juli 2019, USD/JPY
Wave Analysis
During the previous trading day, the US dollar rallied massively to the upperside and even went above the zone 108.212-108.207, as long as the price remains above this zone, we expect nothing but a possible momentum to the upperside, the anticipated bullish price rally is the continuation of the impulsive wave (v) to the upperside and should breakout above 108.755 towards 110.00 or even higher. This view can only be invalidated in case the price breaks below today's lowest low.
Trade Recommendations:
Look for buy orders
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.
