USDJPY – Down
Wave Analysis
During the previous trading day, the US Dollar rallied to the lowerside and is still showing signs of continuing much lower. On this chart, we are looking for a possible long term sell position towards 132.905 and may likely extend much lower. The idea here is to wait for pullbacks, then pick low risk sell orders with target mentioned above.
Trade Recommendations:
We’re sellers towards 125.150.
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