We're sellers towards 145.022. | 27 Oktober 2022

27 Oktober 2022, USD/JPY

We're sellers towards 145.022.

Wave Analysis:

During the previous trading day, the US Dollar pulled back to the lowerside but is still above 145.023. As long as the price remains above this zone, we are looking for nothing but a possible bearish pullback towards 145.022 and may likely break and close below it, on this chart, if the price should break below this level, then further momentum to the lower side is expected towards 139.920.

Trade Recommendations:

We're sellers towards 145.022.

Bob Stan
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