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Long

USD/JPY latest wave analysis (Nikita FX )

FX:USDJPY   U.S. Dollar / Japanese Yen
664 0 0
This is modified wave analysis of USD/JPY             which originally was given to us by
CurrencyWaves (2014.12/05 & 12/12).
I would say total wave 5 was a running way extension (due to BOJ's QE )

The latest high: 122.02 was top of wave 5-3-5.
And now we will have a downward wave 5-4-abc ( c wave from 120.83 ) which will
reach 117.14.

The Final wave 5-5 is going to climb up to 135.20.

I think we should admit 126.08 of EUR/JPY             & 174.86 of GBP/JPY             were their bottoms of
interval wave (Major-2 or wave 4). CHF/JPY             had already reached 138.91 area before USD/JPY             .

What do you think of this ?

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