We're flat for now | 25 November 2022
25 November 2022, USD/JPY
Wave Analysis
The US Dollar continues to consolidate, not giving us any signals. As we mentioned during the previous trading day, we are looking for a possible breakout above the level 137.870 to push the price to the lowerside towards 130.90 and will push the price much lower. On the flipside, should the price break and close above 142.896, then this will be a good place consider a possible long term buy position towards 146.
Trade Recommendations:
We're flat for now
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.
