09 Juli 2021, USD/JPY
Wave Analysis
The US Dollar is still rallying within the daily high 111.658, and the daily low 109.714, on 8th of this month, The Us Dollar attempted a breakout below the daily low but failed to close below it, while the price remains above this level, we are looking for further momentum to the upperside towards 110.173, and breakout beyond this level may push the price much higher towards 110.457. On the flipside, should the price break and close below the daily low, 109.714, then we will be expecting further momentum to the lowerside.
Trade Recommendations:
Wait and sell a breakout below 109.714 towards 108.
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