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USD/JPY Should Rally Now if Bullish Wave Count is Valid

posted by Avatar FXTimes 808 days ago in USD, JPY, Technical made popular 808 days ago

USD/JPY has declined since the NFP for February came out last Friday. This came after a 5-wave rally that started 3/2. The decline also does have a corrective structure, or at least not an impulse structure yet. Also note that the throwback has retraced almost 78.6%, visiting the central equilibrium of the bottom formation it is trying to build str
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