USD/JPY Forecast: US dollar has been in active up trend

jy-l3Wave Analysis

During the past few days, the US dollar has been in active up trend. As we mentioned on Monday, while the price remains above the upper trend line we are buyers with an ideal target set around 115.79 and may continue even higher. On this chart, we expect buyers to continue pushing price much higher, and on the otherwise, only if the price breaks below 109.67 that we’ll be looking for a sell.

Trade Recommendations:

We’re buyers towards 115.56

We're buyers  towards  115.56

Origin: FreshForex

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