USDJPY – Down
Wave Analysis
During the previous trading day, the US Dollar continued to rally to the upperside and is still pretty much bullish both on the daily and on the weekly charts, as it is right now, we expect nothing but a possible momentum to the upperside. We expect the impulsive wave (c) to accelarate to the upperside and should head straight towards 149.392 and may breakout above it towards 151.516.
Trade Recommendations:
We’re long towards 149.392
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