Price, from the end of the 4th wave at 82.51 has been on a bearish move since mid-July as did many Yen pairs.
Now presently at the base of the previous 3rd wave, we might see a corrective rally to probably 80.25.
The chart above shows the dip from 82.51 has probably completed a 5-wave impulse move. A correction is imminent before a probably stronger dip.
A strong break above 77.75 should confirm this move. The correction may likely get to 80.25 or break above it.
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Now presently at the base of the previous 3rd wave, we might see a corrective rally to probably 80.25.
The chart above shows the dip from 82.51 has probably completed a 5-wave impulse move. A correction is imminent before a probably stronger dip.
A strong break above 77.75 should confirm this move. The correction may likely get to 80.25 or break above it.
Join our trading room for more forecasts and trade signals. Join HERE .
Read the terms HERE
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