Wait | 10 February 2020

10 February 2020, USD/JPY

Wait

Wave Analysis

Nothing much has happened on this pair. As long as the pair fails to break above 110.220, we are waiting for a possible long term sell order. The anticipated bearish price rally is the continuation of an impulsive wave count and could see price break below 108.300. This view can only be invalidated in case the price breaks and closes above 110.220, if this is the case, then we are expect a possible momentum to the upper side and should continue much higher towards 114.00 or even higher towards 118.000.

Trade Recommendations:

Wait

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .