14 ноября 2018, USD/JPY
Wave Analysis
During the previous trading day, instead of continuing to the upper side, the US Dollar pulled back to the lower side and is now below the weekly resistance level 114.19. As long as the price is contained below this level, we expect nothing but a possible momentum to the lower side, but should the price clearly break above 114.10, then we expect to continue long with the last two impulsive waves v and (c) to the upper side and should not go beyond 117.88. According to the weekly chart, we advice remaining on the sidelines and only buy a break above 114.19.
Trade Recommendations:
We're long.
101% Double the volume
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