USDJPY – Down
Wave Analysis
The US Dollar continues to rally in an upward manner, on this chart, I am looking for a possible long term buy positions. The anticipated bullish price rally is the continuation of the last impulsive wave (5) to the upperside will see the price continue much higher towards 149.90 and will likely extend much higher. On this chart, buyers are on the winning side and therefore only buy positions looks ideal.
Trade Recommendations:
We’re buyers towards 149.90.
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