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Keep looking for low risk sell positions towards 120.90.

Keep looking for low risk sell positions towards 120.90. | 15 December 2022

15 December 2022, USD/JPY

Keep looking for low risk sell positions towards 120.90.

Wave Analysis:
During the previous trading day, the US Dollar rallied to the lowerside and is still showing signs of continuing to the lowerside. On this chart, following the rebound from 130.229, we eexpect nothing but a possible momentum to the lowerside. The idea here is to keep looking for low risk sell positions towards 120.90 and may likley extend much lower towards 120.90 or even lower.
Trade Recommendations:
Keep looking for low risk sell positions towards 120.90.
Bob Stan
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