We are buyers with our ideal target at 116.40. | 08 Februari 2022

08 Februari 2022, USD/JPY

We are buyers with our ideal target at 116.40.

Wave Analysis:

During the previous trading days, the US Dollar bounced off from the lower trendline and the price is currently headed upwards,if you had picked a buy in this chat hold upto 116.40, we expect a futher momentum to the upper side towards 116.40 in continuation of the impulsive wave cycle five or even much higher.As of now the buyers have an upper hand hence we are buyers.

Trade Reccommendations:

We are buyers with our ideal target at 116.40.


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.
Bob Stan
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