We're buyers towards 112.00 | 27 August 2021
27 August 2021, USD/JPY
Wave Analysis
The Us dollar continues to rally to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As it is right now, we are expecting the price to continue to the upperside especially if the price can break above the previous day's highest high. If this is the case, then further momentum to the upperside. If you are looking at this chart right now, keep looking for long term buy positions.
Trade Recommendations:
We're buyers towards 112.00
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.
