We are buyers. | 22 Juli 2022
22 Juli 2022, USD/JPY
Wave Analysis:
During yesterday's forecast, we had anticipated that the price would bounce back to the lower trendline at the corrective wave cycle four then rebound towards the upper side in continuation of the impulsive wave cycle five. As at now the price is rallying towards the upper side, I expect a further bullish momentum towards 138.65 or even higher. If you are looking at this pair right now, pick a buy from 137.75 towards 138.65.
Trade Recommendations:
We are buyers.
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.
