USDJPY – Down
During the previous trading days, the US Dollar rebounded from the corrective wave cycle two towards the upper side at the impulsive wave cycle three. Currently the price is rallying towards the lower trendline, I expect it to go up to 135.75 at the corrective wave cycle four, then rebound towards the upper side at the impulsive wave cycle five. If you are looking at this pair right now, pick a short term sell from 136.14 towards 135.75.
We are short term sellers.
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