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We're waiting for a sell from around 130.941 towards 128.995

We're waiting for a sell from around 130.941 towards 128.995 | 03 January 2023

03 January 2023, USD/JPY

We're waiting for a sell from around 130.941 towards 128.995

Wave Analysis:

During the previous trading day, the US Dollar rallied to the lowerside and is showing signs of continuing to the lowerside. On this chart right now, I am looking at nothing but a possible momentum to the lowerside with an ideal target set around 125.90 and may continue much lower. On the flipside, should the price break and close above 130.946, then this will be a good place to consider a possible buy position with the next ideal target set around 123.90 and may rally much higher.
Trade Recommendations:
We're waiting for a sell from around 130.941 towards 128.995
Bob Stan
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