We're on the sidelines | 12 Agustus 2022
12 Agustus 2022, USD/JPY
Wave Analysis:
During the previous trading day, nothing much happened on the US Dollar, we are still waiting for price to give us a good bullish continuation signs so we can pick low risk buy positions with an ultimate target set at 140 and may likley continue much higher. On the otherside, should the price break and close below the previous week's lowest low, then further momentum to the lowerside is expeccted with an ideal target set at 112.90.
Trade Recommendations:
We're on the sidelines
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.
