We are buyers towards 117.40. | 07 February 2022

07 February 2022, USD/JPY

We are buyers towards 117.40.

Wave Analysis:

During the previous trading day, the US Dollar bounced off from the lower trendline and is currently headed upwards,from where the price is we expect a further momentum to the upper side towards 117.40 or even much higher.If you are looking at this pair right now we are buyers towards the upper trendline.

Trade Reccommendations:

We are buyers towards 117.40.

Bob Stan
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