USD/JPY Forecast: US Dollar continued to the lowerside

uasd-jpyWave Analysis

During the previous trading day, the US Dollar continued to the lowerside and is still very much bearish. As it is on the daily chart attached, I expect further ralkly to the lowerside but should not break below the lower trendline. If his happens, then further momentum to the lowerside is expected, and on the otherside, should the price rebound from the same trendline, then we will be looking for a possible mopmentum to the upperside with the next ideal target set around 116.00.

Trade Recommendations:

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Origin: FreshForex

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