USD/JPY Forecast: following the bounce from the lower supportive

jy-l2Wave Analysis:

During the previous trading day, nothing much happened on the USD Dollar, following the bounce from the lower supportive, we are yet to see any significant moves to the upperside as it is right now, we are looking forward to an impulsive wave count and may see the price break beyond 115.89 towards 116.90 or even higher. On this chart, buy positions still look ideal unless the price breaks and closes below the previous day’s lowest low. or break even lower towards 110.09.

Trade Recommendations:

We’re still looking for low risk buy positions towards 115.90

We're still looking for low risk buy positions towards 115.90

Origin: FreshForex

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply