USD/JPY Forecast: US Dollar continued to the upperside

jy-l3Wave Analysis:

During the previous trading day, the US Dollar continued to the upperside and is still pretty much bullish both on the daily and on the weekly charts. On this chart, I expect a possible continuation of the last impulsive wave (5) to the upperside and should see the price ascend beyondd 148.90 or even higher. Sell positions looks a bit risky and may not be recommended at the momentum.

Trade Recommendations:

We’re buyers towards 148.90

We're buyers towards 148.90

Origin: FreshForex

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