We're buyers towards 148.90 | 08 September 2022
08 September 2022, USD/JPY
Wave Analysis:
During the previous trading day, the US Dollar continued to the upperside and is still pretty much bullish both on the daily and on the weekly charts. On this chart, I expect a possible continuation of the last impulsive wave (5) to the upperside and should see the price ascend beyondd 148.90 or even higher. Sell positions looks a bit risky and may not be recommended at the momentum.
Trade Recommendations:
We're buyers towards 148.90
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.
