Wait for a buy from 106.960. | 24 April 2020

24 April 2020, USD/JPY

Wait for a buy from 106.960.

Wave Analysis

Yesterday, Nothing much happened on this pair the Us dollar consolidated within a range, not going above 109.975 or below 106.960, if the price successful goes below 106.960, then we will consider a long term sell order with an ultimate target around 105.263, on its way to the lowerside, the key levels to look at include 106.360 and 105.760. And Should the price fail to break below 106.960, then this could give us a good buy place with our target around 109.375 and the next target at 111.790.

Trade Recommendations:

Wait for a buy from 106.960.

Bob Stan
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