Buy Us dollar towards the upper trendline. | 30 11月 2020

30 11月 2020, USD/JPY

Wave Analysis

The us dollar continues to rally within the falling wedge formation. After bouncing off from the lower trendline, The us dollar continues to the upperside and is still pretty much bullish. On this chart, we are expecting a possible momentum to the upperside but should not go beyond the upper trendline. If the price breaks and closes above the upper trendline, then further momentum to the upperside with an ultimate target at 106.850. And should the price break below the lower trendline, then a momentum towards 102.930 is expected.

Trade Recommendations:

Buy Us dollar towards the upper trendline.

Bob Stan
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.