We're long towards 149.392 | 31 October 2022

31 October 2022, USD/JPY

We're long towards 149.392

Wave Analysis

During the previous trading day, the US Dollar continued to rally to the upperside and is still pretty much bullish both on the daily and on the weekly charts, as it is right now, we expect nothing but a possible momentum to the upperside. We expect the impulsive wave (c) to accelarate to the upperside and should head straight towards 149.392 and may breakout above it towards 151.516.
Trade Recommendations:
We're long towards 149.392
Bob Stan
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