USD/JPY Forecast: bullish price rally is the continuation of the impulsive wave

uasd-jpyWave Analysis:

Eventually, The US Dollar has now picked a momentum to the upperside. We went long based on the previous day’s forecasts and is still holding. Our expectations is that the price should continue intensely to the upperside and should break above 114.00. The anticipated bullish price rally is the continuation of the impulsive wave (c) and in case it goes above 114.00. Then the next stop would be 118.000. we will only recommend a sell position should the price break below 111.040.

Trade Recommendatioons:

we’re long towards 114.00

we're long towards 114.00

Origin: FreshForex

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