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Forex news -forex broker review => Forex => Topic started by: forex4you on Mar 04, 2022, 10:28 am

Title: Elliott waves analysis – We are sellers towards 114.60.
Post by: forex4you on Mar 04, 2022, 10:28 am
Elliott waves analysis - We are sellers towards 114.60.

USDJPY – Down


Wave Analysis:


Previously this pair was on a downtrend, the current upward momentum is a correction of the previous impulsive wave count five.During the previous trading hours,the price tried breaking above the resistance zone (115.76-115.71) but it ended up closing below it.We expect a futher bearish momentum towards 114.60 or even much higher.


Trade Reccommendations:


We are sellers towards 114.60.



You may check other analytical reviews on FreshForex website. Source: freshforex.com.


Source: Elliott waves analysis - We are sellers towards 114.60. (http://forex.wine/elliott-waves-analysis-we-are-sellers-towards-114-60/)

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