USDJPY – Down
Wave Analysis
After hitting the high 140.90, the US Dollar pulled back to the lowerside and is still pretty much bearish both on the daily and on the weekly charts. As it is right now, I am looking for a possible sell position towards 138.874 and may likely continue to the lowerside. If the price remains below the level 138.874 and may likely continue to the lowerside and may go towards 136.90 and will continue much lower towards 130.90.
Trade Recommendations:
We’re selles towards 137.870.
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