28 November 2018, USD/JPY
Wave Analysis
After bouncing from the supportive trend line acting as a support to the rising channel formation, the US Dollar has been in a constant up trend and is still pretty much bullish both on the daily and even the weekly charts. As we mentioned during our previous forecasts, we're waiting for a breakout above 114.02 to confirm, that we're long with our next target being 117.21. If you're not in any position right now, you may wait for a possible correction to pick a long term long position with your target at 117.21.
Trade Recommendations:
Remain Long with your take profit at 117.21.
101% Double the volume