Wait. | 18 April 2022

18 April 2022, USD/JPY

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Wave Analysis:

During the previous trading days, the US Dollar rebounded from the lower trendline at the corrective wave count four, towards the upper side in continuation of the impulsive wave cycle five. Currently the price is rallying along the upper trendline, I expect it to break above the upper trendline and continue upwards. If you are looking at this pair right now, wait for the price to break above the upper trendline then pick buy positions.

Trade Recommendations:

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Bob Stan
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