USDJPY – Down
Wave Analysis
The US Dollar continues to rally above 138.229 and is not showing signs of pulling back to the lowerside, on this chart, a rebound from 138.229, will mean we are looking for low risk buy position towards 142.510 and may see the price rally much higher, On this chart, I am looking at nothing but a possible momentum to the upperside, on the flipside, if the price breaks and closes below 138.229, then we will be looking for sell positions.
Trade Recommendations:
Wait
You may check other analytical reviews on FreshForex website. Source: freshforex.com.