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Yen in local fall. USD / JPY Wave Analysis


USD / # JPY
Timeframe: 1H

A month ago, I assumed the beginning of a local uptrend for the pair: https://vk.com/wall-124328009_20564and it happened, but with some delay. I think wave “E” is now forming with targets from 105 yen per dollar. Further, I look forward to a long-term phase of the yen strengthening against the dollar in the 90 + area – bast shoes.

As for trading, I am in a small long to exit the triangle [b] of “E” with a corresponding short stop.

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