We're buyers towards 121.89 | 29 December 2021
29 December 2021, USD/JPY
Wave Analysis:
Just as previously forecasted, 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 we mentioned, we are buyers, we are looking forward to a possible momentum towards the upper trendline and may likely break and close beyond it towards 118.90 and may extend much higher towards 121.89 or even higher.
Trade Recommendations:
We're buyers towards 121.89
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.
