U.S. Dollar / Japanese Yen

Elliott Wave Analysis: USDJPY Trading In Final Wave 5

USDJPY is falling, now seen in fifth wave of decline of wave C) which can be in final stages now. As such, traders should be aware of a bounce ideally from around the lower channel line that comes in near 109.00. Minor five waves up from there and back to 111.50 will be an important evidence for a change in trend.

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Elliott Wave Analysis: USDJPY Intraday View

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