Look for long term sell orders | 15 Agustus 2019
15 Agustus 2019, USD/JPY
Wave Analysis
After a massive move to the upperside seen earlier today, the us dollar is currently heading to the lowerside. As long as the price remains below the shape shown above, we expect nothing but a possible momentum to the lowerside, the anticipated bearish price rally is the continuation of the impulsive wave (c) to the lowerside and should break below last week’s lowest low towards 100.00 or even lower.
Trade Recommendations:
Look for long term sell 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.
