USDJPY – Down
Wave Analysis:
The US Dollar continues to pullback to the upperside but is still below the level 133.736. This is a good level and while the price does not break and close above it, we are waiting for a rebound from it to pick a sell position with an ideal target set at 130.941 and may break and close below it towards 129.630 and may continue to rally much lower.
Trade Recommendations:
We’re heading long towards 133.736.
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