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We're buyers towards 140.00.

We're buyers towards 140.00. | 30 August 2022

30 August 2022, USD/JPY

We're buyers towards 140.00.

Wave Analysis:

The US Dollar is currently in an active up trend. As long as the price remains above 137.749, we expect nothing but a possible momentum to the upperside, the anticipated bullish price rally is the continuation of the last impulsive wave (5) to the upperside and may see the price break even higher towards 140 and may extend much higher. On this chart, we are looking forward for a possible extension of the last impulsive wave (5) towards 140 and may likely head much higher.

Trade Recommendations:

We're buyers towards 140.00.

Bob Stan
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