Main a sellers approach on this chart. | 15 Desember 2020
15 Desember 2020, USD/JPY
Wave Analysis
The Us Dollar continues to rally within the contracting wedge formation And is not showing any signs of breaking above the upper most trendline or below the lower most trendline, On this chart, we are looking for a possible breakout below the lower trendline to confirm a possible continuation of the impulsive wave (E) to the lowerside and should breakout below 102.580 towards 100.00 or even lower. On the flipside, should the price break above the upper trendline, then we are upwards towards 107.180.
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