ew-forecast

USDJPY can Be Completing A Bigger, Complex Pattern

OANDA:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is showing us a bigger complex contracting correction in the making within red wave (B), which is also known as a Elliott wave triangle correction. We know that triangles appear prior to the final wave, which means more gains can come in play, once finished. Specifically we see price trading within wave E that can search for support near the lower triangle line, at 109.50/110 area.


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Elliott Wave Service
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