USDJPY – Down
Wave Analysis:
The US Dollar continues to rally to the upperside and is showing signs of continuing to the upperside. On this chart, we are expecting long term buy positions towards 150.90 and could rise much higher. These long positions are the continuation of the last impulsive wave (5) to the upperside and should see the price raise ultimately towards 160 or even higher.
On this chart, buy positions looks ideal.
Trade Recommendations:
We’re buyers towards 150.90
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