We are buyers. | 16 March 2022

16 March 2022, USD/JPY

We are buyers.

Wave Analysis:

Previously,the US Dollar broke above the upper trendline in continuation of the impulsive wave five.The price is currently retracing back to the same trendline,we expect a futher bullish momentum from 117.95 upwards.If you are currently looking at this pair the buyers are in control,look for long term buy positions above the upper trendline.

Trade Reccommendations:

We are buyers.

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.

Anjara

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Bob Stan

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