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A good sell towards 104.510.

A good sell towards 104.510. | 25 September 2019

25 September 2019, USD/JPY

Wave Analysis

After failing to sustain the break above the upper trendline. The US Dollar continues to make lower lows and is still pretty much bearish both on the 4 hours and on the daily charts. We expect further momentum to the lowerside is expected with an ultimate target around the lower trendline. This view can only be invalidated in case the price pulls back up and even breaks above the upper trendline, if this is the case, then further momentum to the upperside is expected towards 109.510.

Trade Recommendations:

A good sell towards 104.510.

TRADE METALS WITHOUT SWAPS!

Bob Stan
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