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ghostdigg
Jun 12, 2016 9:11 PM

USD/JPY Possible Long Double Bottom Trend Line Break 

U.S. Dollar/Japanese YenFXCM

Description

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The USD/JPY has just completed a 5th wave truncated and a double bottom.

The result was a break of a trend line which should put us in at least a pull back of the larger move or a trend reversal.

Time to catch the C Wave or the 3rd wave of a reversal. Targets will be 108.228 or 109.425

Comments
ForexRed
Yes, i'm looking at USDJPY heading upwards to 109.457 myself.
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