USDJPY – Down
Wave Analysis:
The US Dollar continues to rally to the upperside and is not showing any signs of correcting to the lowerside. On this chart, I am looking at nothing but a possible rally to the upperside. The anticipated bullish price rally is the continuation of last impulsive wave (5) and should see the price rally towards 149.90 as previously forecasted. Here, only buy positions looks ideal and can safely be recommended.
Trade Recommendations:
We’re buyers towards 149.90.
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