USDJPY – Down
Wave Analysis:
This pair rebounded from the lower trendline at the impulsive wave cycle two towards the upper side at the corrective wave cycle four.Right now, the price is rallying towards the lower side, I expect it to go up to the lower trendline around 135.45 in continuation of the impulsive wave cycle five .If you are looking at this pair right now, pick a sell from 135.45 towards 132.85 or even much lower.
Trade Recommendations:
We are short.
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