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We are buyers. | 28 February 2022

28 February 2022, USD/JPY

We are buyers.

Wave Analysis:

Last week the US Dollar rallied to the lower side,the price is on a corrective wave count four as at now.We expect a rebound from the lower trendline to the upper side towards 116.25.However should the price break below the lower trednline clearly, we expect to continue short with our first take profit at 115.05.But as of now we are buyers.

Trade Reccommendations:

We are buyers.

Bob Stan
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