Wait. | 18 February 2020
18 February 2020, USD/JPY
Wave Analysis
So far, nothing much appears to be happening on this pair, as long as the price remains above the previous day's lowest low and below the previous day's highest high, we choose to remain on the sidelines, we are waiting for a break above the previous day's highest to pick a long term buy order towards 110.580 towards 114.00. This view can only be invalidated in case the price breaks and closes below the previous day's lowest low, if this is the case, then further momentum towards 109.180.
Trade Recommendations:
Wait.
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.
