We're buyers towards 140.90 | 23 August 2022
23 August 2022, USD/JPY
Wave Analysis:
The USDJPY continues to rally to the upperside and is not showing any signs of pulling back to the lowerside. On this chart, if the price breaks and closes above 137.800, then this will be a good indication that we are continuing long with the current impulsive wave count and may see the price continue upwards with an ultimate targets et at 140.090 and may likely extend much higher. On this chart, buyers are fully in control.
Trade Recommendations:
We're buyers towards 140.90
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
