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Mar 25, 2024 4:42 AM

wave V(5) of 5 ? Long

U.S. Dollar/Japanese YenFXCM

Description

The previous analysis and scenario 2 became invalid, and I think this scenario is currently the only active scenario on this currency pair. part of 3 of a zigzag is an impulse with (5) wave. Now we are in wave V(5) of 5, which is a terminal impulse. This wave itself is an zigzag (abc) and we have entered part of 3 of it now and we expect it to end before the range of 156. Therefore, short-term buying is a better option.
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