USDJPY – Down
The US Dollar bounced off from the impulsive wave cycle three towards the lower side at the corrective wave cycle four. Right now the price is on the lower trendline, I expect a rebound towards the upper trendline around 136.25 in continuation of the impulsive wave cycle five. If you are looking at this pair, pick a buy from 135.42 towards 136.25,unless the price breaks below the lower trendline, the bulls remain in control.
We are long.
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