20 March 2019, USD/JPY
Wave Analysis
We're still few pips above 110.830. The level 110.830 is a key weekly level and as long as the price remains above it, we expect nothing but a possible momentum even higher with our targets at 114.215, 117.21 and 124.32 respectively, these are key lines and in case the price bounce from any of the on its way to the upper side, then that will be an ideal place to look for a long term sell order. As it is on the weekly chart attached, only a clear break and close below 110.32 will attract a long term sell towards 108.832.
Trade Recommendations:
Buy the US Dollar from 110.351
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