We're buyers towards 123.89 | 25 November 2021
25 November 2021, USD/JPY
Wave Analysis:
The US Dollar is currently in an active up trend. While the price remains above the previous week's highest high, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the last impulsive wave (v) to the upperside and may see the price break and close above 118.90 or even higher. If you are looking at this chart now, focus mostly on buy positions with an ultimate target set at 121.90.
Trade Recommendations:
We're buyers towards 123.89
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.
