USD/JPY Forecast: US Dollar continues to gain momentum to the upperside

uasd-jpyWave Analysis:

The US Dollar continues to gain momentum to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As we mentioned in our previous forecast, we are still looking for long term buy positions on this chart, We basically want to see a significant pullback to the lower side to pick a low risk buy position. If the price gives us a good buy place, then we’re buyers towards 112.45.

Trade Recommendations:

We’re buyers towards 112.90

We're buyers towards 112.90

Origin: FreshForex

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