We're buyers towards 135.413. | 17 August 2022

17 August 2022, USD/JPY

We're buyers towards 135.413.

Wave Analysis:

Just as previously forecasted, the US Dollar continues to rally to the upperside and is not showing any signs of any bearish moves. On this chart, I am looking for low risk buy positions towards 135.413 and may likely extend much higher. On this chart, we're strictly buyers for now. A break above 135.413 will push the price much higher towards 137.344 or even higher.
Trade Recommendations:
We're buyers towards 135.413.
Bob Stan
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