We're sellers for now, | 03 December 2021

03 December 2021, USD/JPY

We're sellers for now,

Wave Analysis:

During the previous trading day, the US Dollar rallied to the lowerside and is still showing signs of continuing much lower. As it is now, we are looking forward to a possible rally to the lowerside and may see price head straight towards 110.90 and could continue much lower. On this chart, wwe ar basically sellers unless the price clearly break and close above the previous day's highest high towards 118.90 and may extend much higher.
Trade Recommendations:
We're sellers for now,
Bob Stan
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