We're long for now | 11 Oktober 2023

11 Oktober 2023, USD/JPY

We're long for now

The US Dollar is currently in an active uptrend, As long as the price remains above the level 144.833, we are looking for nothing but a possible momentum to the upperside, on this chart, we are looking for an extension of the last impulsive wave (v) to the upperside and may see the price break and close above 150.89 and may likely rally much higher. On this chart, we are buyers for now, on the flipside, should the price break and close below 144.833, then we are sellers for now.

Trade Recommendatioons:

We're long for now

Bob Stan
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