USD/JPY Forecast: impulsive wave extended to the upperside

jpy_1_newsWave Analysis:

During the previous trading week, the impulsive wave (5) continued to the upperside and is still showing signs of continuing much higher. On the previous trading day, the impulsive wave (5) extended to the upperside and is still showing signs of continuing even higher. As it is right now, buy positions looks more ideal on this chart and can safely be recommended, If you are on this chart, keep looking for long term buy positions:

Trade Recommendations:

We’re buyers towards 148.90.

Origin: FreshForex

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