We're buyers towards 149.90. | 17 Oktober 2022

17 Oktober 2022, USD/JPY

We're buyers towards 149.90.

Wave Analysis:
The US Dollar continues to the rally to the upperside and is not showing signs of pulling back to the lowerside. On this chart, we are expecting a possible extension of last impulsive wave (5) to the upperside and should see the price rally to the upperside towards 149.90 and may likely head much higher. On this chart, keep looking for low risk buy positions.
Trade Recommendations:
We're buyers towards 149.90.

Bob Stan
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