We're buyers towards 140.90 | 10 Agustus 2022
10 Agustus 2022, USD/JPY
Wave Analysis:
Yesterday, the US Dollar rallied to the upperside and is still showing signs of continuing much higher. As it is right now, I expect nothing but a possible momentum to the upperside. The idea here will be to keep looking for a possible long term buy positions towards 140 and may extend much higher. On the flipside, only a break and close below the previous month's lowest low will attract a possible long term sell positions.
Trade Recommendations:
We're buyers towards 140.90
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.
