We are buyers. | 16 March 2022

16 March 2022, USD/JPY

We are buyers.

Wave Analysis:

Previously,the US Dollar broke above the upper trendline in continuation of the impulsive wave five.The price is currently retracing back to the same trendline,we expect a futher bullish momentum from 117.95 upwards.If you are currently looking at this pair the buyers are in control,look for long term buy positions above the upper trendline.

Trade Reccommendations:

We are buyers.

Bob Stan
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