Wait for a sell from 110.230. | 14 Februari 2020
14 Februari 2020, USD/JPY
Wave Analysis
Nothing much appears to be happening on this pair, the US Dollar continues to consolidate despite the previous forecast that this pair could continue to the upper side, nothing much appears tp be happening, As it is on this chart now, we are waiting for a either a bounce from 110.230 to pick a long term sell order. But in case the price breaks and closes above 110.230, we expect further momentum to the upper side and should rally much higher towards 114.00 or even higher. Sell a bounce from 110.230.
Trade Recommendations:
Wait for a sell from 110.230.
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.
