We are buyers towards 136.05 | 08 Juli 2022

08 Juli 2022, USD/JPY

We are buyers towards 136.05

Wave Analysis:

The US Dollar is currently trading in a contracting wedge formation, recently the price rebounded to the upper trendline at the impulsive wave cycle three and rallied around but then bounced back to the lower trendline at the corrective wave cycle four. Right now the price is on the lower trendline, I expect a rebound towards the upper trendline around 136.05 in continuation of the impulsive wave cycle five. However should the price break below the lower trendline, then 135.30 would be a good place to pick a sell from.

Trade Recommendations:

We are buyers towards 136.05

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.