USD/JPY Forecast: US Dollar continues to consolidate

jy-l4Wave Analysis

Nothing much appears to be happening on this pair, the US Dollar continues to consolidate despite the previous forecast that this pair could continue to the upper side, nothing much appears tp be happening, As it is on this chart now, we are waiting for a either a bounce from 110.230 to pick a long term sell order. But in case the price breaks and closes above 110.230, we expect further momentum to the upper side and should rally much higher towards 114.00 or even higher. Sell a bounce from 110.230.

Trade Recommendations:

Wait for a sell from 110.230.

Origin: FreshForex

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