USDJPY – Down
Wave Analysis:
During the previous forecast, we had anticipated that the price would rebound from the lower trendline at the corrective wave cycle four towards the upper side in continuation of the impulsive wave cycle five. Right now the price is still rallying around the lower trendline, if you are looking at this pair right now, pick a buy from 137.96 towards 141.00.Unless the price breaks below the lower trendline clearly then we remain buyers.
Trade Recommendations:
We are buyers.
You may check other analytical reviews on FreshForex website. Source: freshforex.com.
