13 Januari 2021, USD/JPY
Wave Analysis
Earlier this month, the US Dollar bounced off from the level 102.594 and is currently heading to the uppeside. If you are looking at this chart now, keep looking for more momentum to the upperside expecting price to rebound from the upper trendline. If the price breaks and closes above the upper green line, then we will be expecting further momentum much higher. On the flip side, if the price breaks and closes below 102.594, then this will be a good place to consider a possible long term sell position towards 101.930.
Trade Recommendations:
Wait