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USDJPY – rally through 119.00/32 promotes near-term bullish outlook

Still cannot rule out the alternate structure of a wave-4 triangle but our base case is for the more volatile expanded flat pattern. In the case of the flat we need a sharp wave-(c) of B rally to above 120.83 and 121.85.

Read the full report: USDJPY

This article was posted in Forex Charts and tagged USD/JPY.
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