We are long. | 16 June 2022
16 June 2022, USD/JPY
Wave Analysis:
Previously the US Dollar bounced off from the corrective wave cycle three towards the lower side at the impulsive wave cycle four. Right now the price is rallying towards the upper trendline, I expect it to go up to 136.15 or even much higher in continuation of the impulsive wave cycle five. If you are looking at this pair right now, pick a buy from 134.32 towards 136.15.
Trade Recommendations:
We are long.
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.
