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We're buyers towards 150.90.

We're buyers towards 150.90. | 08 November 2022

08 November 2022, USD/JPY

We're buyers towards 150.90.

Wave Analysis

The US Dollar continues to pullback to the lowerside but is still above the lower redline, while we continue to see sustenance above this line, we are looking for nothing but a possible long term buy position. The anticipated bullish price rally is the continuation of the last impulsive wave (5) and should see the price rally towards 150.90 and may likely breakout much higher.

Trade Recommendations:

We're buyers towards 150.90.

Bob Stan
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