13 tháng Ba 2020, USD/JPY
Wave Analysis
On this chart, the most important levels include 100.858, 103.173, 104.992, 106.571, and 108.337. According to the hourly chart attached, we expect a possible continuation of the corrective three wave cycle and could push price much higher but should not break above the 50.0% fib level. A break above this level will mean we are continuing to the upper side with an ultimate target around 110.102. As at now, its good to remain flat and wait for a rebound from 108.337 to pick a sell or a break below 100.858 to pick a sell.
Trade Recommendations:
Expect further momentum to the upper side towards 108.337.
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