17 октября 2018, USD/JPY
Wave Analysis
During the previous trading day, the US Dollar rose significantly and is still pretty much bullish both on the daily and the weekly charts. As long as the price is above 111.85, we expect a possible momentum to the upperside with an ultimate target at 114.60. On its way upwards, the key lines to check for include 112.85, 113.60 and 114.10. This view can only be invalidated in case the price breaks below 111.60, if this is the case, then further rally to the lowerside is expected with an ultimate target at 108.00.
Trade Recommendations:
We're still upwards
101% Double the volume
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