USDJPY – Down
Wave Analysis
The US Dollar continues to pullback to the lowerside but is still above the lower redline, while we continue to see sustenance above this line, we are looking for nothing but a possible long term buy position. The anticipated bullish price rally is the continuation of the last impulsive wave (5) and should see the price rally towards 150.90 and may likely breakout much higher.
Trade Recommendations:
We’re buyers towards 150.90.
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