USDJPY – Down
Wave Analysis
During the previous trading day, the US Dollar rallied to the lowerside and is still showing signs of continuing to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (5) to the lowerside and will see the price rally towards 136.90 and will continue much lower towards 120.0 or even lower. As it is right now, only sell positions is ideal and will be recommended now towards 120.00.
Trade Recommendations:
We’re sellers towards 120.90.
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