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Buy from 115.47 to 118.0.

Buy from 115.47 to 118.0. | 10 January 2022

10 January 2022, USD/JPY

Buy from 115.47 to 118.0.

Wave Analysis:

The price broke above the previous resistance level,115.47 we expect the price to continue upwards. Alternatively if the price bounces back below the resistance level 115.47,we expect it to go downwards up to 112.90,then continues upwards. From this point,112.90 we will be looking for a low risk buy position.

Trade Recommendation:

Buy from 115.47 to 118.0.

Bob Stan
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