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Wait | 26 October 2021

26 October 2021, USD/JPY

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Wave Analysis
Earlier today, the US dollar rallied to the upperside and is still showing signs of continuing much higher. The current upward rally is the continuation of an impulsive wave count and could see the price break beyond 118.90 towards 124.90 and may extend much higher. On the flipside, a break below the previous day's lowest low may attract a possible long term sell position.
Trade Recommendations:
We're buyers towards 124.90
Bob Stan
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