We are buyers. | 15 April 2022

15 April 2022, USD/JPY

We are buyers.

Wave Analysis:

The US Dollar has been rallying above the resistance zone 12487-124.69.During the previous trading day,the price bounced off from the upper trendline to the lower trendline in continuation of the impulsive wave cycle four,currently the price is ralling to the upper side,I expect it to continue upto the upper trendline towards 126.75 or even much higher in continuation of the impulsive wave cycle five.

Trade Reccommendations:

We are buyers.

Bob Stan
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