08 апреля 2022, USD/JPY
Wave Analysis:
The US Dollar is currently on an uptrend.Previously the price rebounded from the lower trendline at the corrective wave cycle four towards the upper trendline in continuation ot the impulsive wave cycle five.Right now the price is on the lower trendline,I expect a rebound to the upper side and a futher bullish momentum.However should the price break below the lower trendline clearly,then 123.65 would be an ideal place to pick sell positions from with our first ideal target at 122.40.If you are looking at this chat now, wait for a clear break below or above the trendline to pick a buy.
Trade Reccommendations:
Wait.
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