$USDJPY: 1 Hour Elliott Wave Analysis (updated)

The cycles from 101.60 should be ending with a test of 105.34 after which pair should make at least a 3 wave pull back. The trend & cycles are positive so we don’t like selling the pair and favour buying dips in 3, 7 or 11 swings after wave ( 3 ) completes.

JPY 6020131227093606

 

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