we're buyers towards 1112.0 | 21 July 2021

21 July 2021, USD/JPY

we're buyers towards 1112.0

Wave Analysis
Yesterday, The US dollar failed to sustain the below the lower trendline and instead pulled back above it. As it is right now, we are looking for a possible long term buy positions, we are expecting the price to continue to the upperside and should rally towarards the upper trendline. if this trendrendline is broken, then further momentum to the upperside is expected with the next ideal target set around 112.00 and may extend much higher.
Trade Recommendations:
we're buyers towards 1112.0
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Bob Stan
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