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We are buyers with our ideal target at 116.40.

We are buyers with our ideal target at 116.40. | 08 February 2022

08 February 2022, USD/JPY

We are buyers with our ideal target at 116.40.

Wave Analysis:

During the previous trading days, the US Dollar bounced off from the lower trendline and the price is currently headed upwards,if you had picked a buy in this chat hold upto 116.40, we expect a futher momentum to the upper side towards 116.40 in continuation of the impulsive wave cycle five or even much higher.As of now the buyers have an upper hand hence we are buyers.

Trade Reccommendations:

We are buyers with our ideal target at 116.40.

Bob Stan
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