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Wait. | 18 March 2022

18 March 2022, USD/JPY

Wave Analysis:

This pair broke above the upper trendline in continuation of the impulsive wave cyle five.From where the price is at currently,we expect a retracement to the upper trendline around 117.70,then a further bullish momentum towards 119.15 and much higher.If you are looking at this pair right now, wait for the price at 117.70 then pick long term buy positions.

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Bob Stan
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