USD/JPY Forecast: previous trading hours, the US Dollar bounced back to the lower trendline

news_22_feb_1_usd_jpy-Wave Analysis:

During the previous trading hours, the US Dollar bounced back to the lower trendline,the price is currently on a corrctive wave count.We expect a rebound to the upper side towards 116.40 in continuation of the impulsive wave cycle five.If you are looking at this pair right now we are buyers with our first ideal target at 116.40.

Trade Reccommendatiions:

We are buyers.

We are buyers.

Origin: FreshForex

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