$USDJPY: 1 Hour Elliott Wave Analysis (updated)

The cycles from 102.47 appears to have completed and pair is in wave X. The trend & cycles are positive so we don’t like selling the pair but corrective dips in 3, 7 or 11 swings ideally toward 103.59 – 103.95 area would offer a buying opportunity. This view is valid as far as pivot at 102.47 remains intact.


JPY 6020131230093801


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