We're long towards 155.89 | 12 October 2023

12 October 2023, USD/JPY

We're long towards 155.89

Wave Analysis:

The US Dollar is currently in an active uptrend, as long as the price remains above 150.010, we expect nothing but a possible momentum to the upperside. On this chart, we are looking at nothing but a possible momentuim to the upperside. On this chart, buyers are in control with the next ideal target set around 155.89 and may likely push the price much hgher. As it is right now, keep looking for buy orders for now.

Trade Recommendations:

We're long towards 155.89

Bob Stan
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