We're sellers towards 109.009 | 24 August 2021
24 August 2021, USD/JPY
Wave Analysis:
Yesterday, the US Dollar opened at, 109.784, went as high as 110.146 and as low as 109.651, but ended up closing at 109.675. As it is right now, we are looking for a possible long term sell position, our main idea here will be to wait for a possible pullback towards the previous day's opening price to pick a possible long term sell position expecting the price to head straight towards 109.009 and may continue even lower. If you are looking at this chart right now, keep looking for a possible long term sell position towards the target I have mentioned above.
Trade Recommendations:
We're sellers towards 109.009
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.
