USD/JPY: bullish 'High Wave' on MA

USD/JPY: bullish 'High Wave' on MA

2606usdjpyH4 (1).png

There's a bullish 'High Wave', so we should keep an eye on the next resistance at 110.19. Also, this level could be a starting point for a bearish correction.

2606usdjpyH1 (1).png

There's a 'Three Methods', which has been formed on the 34 Moving Average. So, after a short break, the market is likely going to continue moving up towards the nearest resistance at 110.19.

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