We are buyers towards 116.55. | 22 Februari 2022
22 Februari 2022, USD/JPY
Wave Analysis:
During the previous trading weeks the US Dollar rallied to the lower side massively,right now the price is on the lower trendline. I'm looking foward to further bullish momentum towards 116.55 or even much higher.On the flipside should the price break clearly below the lower trendline, then we will be looking for sell positions,until then we are long term buyers from 114.67 towards 116.55.
Trade Reccommendations:
We are buyers towards 116.55.
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.
