We're sellers for now, | 03 December 2021
03 December 2021, USD/JPY
Wave Analysis:
During the previous trading day, the US Dollar rallied to the lowerside and is still showing signs of continuing much lower. As it is now, we are looking forward to a possible rally to the lowerside and may see price head straight towards 110.90 and could continue much lower. On this chart, wwe ar basically sellers unless the price clearly break and close above the previous day's highest high towards 118.90 and may extend much higher.
Trade Recommendations:
We're sellers for now,
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.
