USD/JPY: Wave analysis and forecast for 22.07 – 29.07: Uptrend continues.
ForexGuru.Pk Offers For Free Urdu Hindi Technical Analysis, Free Urdu Trading SMS Signals, Free Urdu Hindi Forex Training Course, Forex Account Management In Pakistan And Complete Advance, Professional And Expert Level Forex Training In Urdu And Hindi In Pakistan Call Us +92-300-6561240, Or Visit Our Urdu Forex Training Section At ForexGuru.Pk
Estimated pivot point is at the level of 104.50.
Our opinion: Buy the pair from correction above the level of 104.50 with the target of 109.00.
Alternative scenario: Breakout and consolidation of the price below the level of 104.50 will trigger further decline in the pair to 102.70 – 101.20.
Analysis: Presumably, the formation of the large upward correction continues as the wave B, in which one-two impetus of the junior level (i) has been formed. At the moment, it seems that the local correction, as the irregular plane (ii), is nearing completion. If this assumption is correct, after the completion of the correction the pair will continue to rise up to 109.00.
ForexGuru.Pk Offers For Free Urdu Hindi Technical Analysis, Free Urdu Trading SMS Signals, Free Urdu Hindi Forex Training Course, Forex Account Management In Pakistan And Complete Advance, Professional And Expert Level Forex Training In Urdu And Hindi In Pakistan Call Us +92-300-6561240, Or Visit Our Urdu Forex Training Section At ForexGuru.Pk
Technical Analysis Services Are Powered By PakistanOffice.Com, Forex Education In Urdu, ForexGuru.Com.Pk And Ziaalhassan.Com. For More Information And Free Urdu Forex Training Please Call Dr. Zia-al-Hassan At 0300-6561240