We're buyers towards 160.90. | 26 Oktober 2022

26 Oktober 2022, USD/JPY

We're buyers towards 160.90.

Wave Analysis

The US Dollar is still in active up trend. As long as the price remains above the red line above, we are looking for nothing but a possible momentum to the upperside, the anticipated bullish price rally is the continuation of the last impulsive wave (5) to the upperside and should see the price rally towards 155.90 and may likely break and close above it towards 160.90 or even higher.

Trade Recommendations:

We're buyers towards 160.90.

Bob Stan
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