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We're sellers towards 125.150.

We're sellers towards 125.150. | 14 November 2022

14 November 2022, USD/JPY

We're sellers towards 125.150.

Wave Analysis

During the previous trading day, the US Dollar rallied to the lowerside and is still showing signs of continuing much lower. On this chart, we are looking for a possible long term sell position towards 132.905 and may likely extend much lower. The idea here is to wait for pullbacks, then pick low risk sell orders with target mentioned above.

Trade Recommendations:

We're sellers towards 125.150.

Bob Stan
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