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Look for long term sell orders

Look for long term sell orders | 15 August 2019

15 August 2019, USD/JPY

Look for long term sell orders

Wave Analysis

After a massive move to the upperside seen earlier today, the us dollar is currently heading to the lowerside. As long as the price remains below the shape shown above, we expect nothing but a possible momentum to the lowerside, the anticipated bearish price rally is the continuation of the impulsive wave (c) to the lowerside and should break below last week’s lowest low towards 100.00 or even lower.
Trade Recommendations:
Look for long term sell orders
Bob Stan
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