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Short Term Elliott Wave structure in USDJPY suggests that rally to 156.76 ended wave X. This completed correction against cycle from 7.3.2024 high. Pair has now turned lower. Structure of the decline from 156.76 is unfolding as 5 waves impulsive Elliott Wave structure. Down from 156.76 high, wave (i) ended at 155.14 and wave (ii) […]

The post Elliott Wave View: USDJPY Impulsive Decline Favors More Downside appeared first on Action Forex.

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