We are buyers towards 124.10. | 05 April 2022

05 April 2022, USD/JPY

We are buyers towards 124.10.

Wave Analysis:

During the previous trading days, the US Dollar rallied towards the lower trendline for a while,right now the price is on the lower trendline at the corrective wave cycle four.I expect a bullish momentum to the upper side towards 124.10 or even much higher. The anticipated bullish momentum is as a result of the continuation of the impulsive wave cycle five.On the flipside, should the price break below the lower trendline, we expect to continue short and 122.35 would be a good place to look for sell positions.

Trade Reccommendations:

We are buyers towards 124.10.

Bob Stan
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.