USDJPY – Down
Wave Analysis
The US Dollar is currently in an active uptrend. As long as the price remains above the upper red moving average, we expect nothing but a possible momentum to the upperside, the anticipated bullish price rally is the continuation of the last impulsive wave (5) to the upperside and should the price rally towards 150.90 and will likely extend much higher. On this chart, buy positions looks ideal.
Trade Recommendations:
We’re buyers towards 150.90
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