Remain long towards 114.243. | 25 Maret 2020
25 Maret 2020, USD/JPY
Wave Analysis
Nothing much appears to be happening on this pair since Monday, we expected a possible momentum to the upper side but we're still seeing the possibility that the Us dollar could stagnate below 112.175. On this chart, a sustained move above 112.175 will confirm a possible continuation of a bullish price rally towards 114.243 and could breakout much higher towards 118.501. On the flip side, should the price break and close below 104.608, then this will be a good place to consider a sell order.
Trade Recommendations:
Remain long towards 114.243.
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.
