Flat | 23 Desember 2019
23 Desember 2019, USD/JPY
Wave Analysis
So far, nothing much appears to be happening on this pair, we expected a possible bearish price rally towards 108.46 but that is yet to happen. We're now waiting for a posible break below the previous day's lowest low to pick a possible long term sell towards 108.60, on the contrary, should the price break and close above the previous week's highest high, then this will give us an ideal place to consider a possible long term buy with our target around 109.95. A break above this level could push the price even higher.
Trade Recommendations:
Flat.
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.
