USD/JPY Forecast: US Dollar bounced off from the lower trendline

jpy_2_newsWave Analysis:

During the previous trading days, the US Dollar bounced off from the lower trendline and the price is currently headed upwards,if you had picked a buy in this chat hold upto 116.40, we expect a futher momentum to the upper side towards 116.40 in continuation of the impulsive wave cycle five or even much higher.As of now the buyers have an upper hand hence we are buyers.

Trade Reccommendations:

We are buyers with our ideal target at 116.40.

We are buyers with our ideal target at 116.40.

Origin: FreshForex

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