We are sellers towards 126.95. | 31 5月 2022

31 5月 2022, USD/JPY

We are sellers towards 126.95.

Wave Analysis:

This pair is trading in an expanding wedge formation, the price rebounded from the impulsive wave cycle three towards the upper trendline at the corrective wave cycle four. Right now the price is on the upper trendline, I expect a further bearish momentum towards the lower trendline around 126.95 in continuation of the impulsive wave cycle five. However, should the price break above the upper trendline, then 128.20 would be a good place to pick a buy position.

Trade Recommendations:

We are sellers towards 126.95.

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.