3:17 PM
USD JPY, “US Dollar vs Japanese Yen”
Yen needs one more five-wave structure in order to complete wave (5) of [5]. The price is moving sideways inside wave 4 of (5) of [5]. In the nearest future, the market is expected to finish the current correction and start a new ascending movement.
Probably, wave 4 of (5) of [5] may take the form of horizontal triangle. In the future, the pair is expected to finish this pattern and start growing inside wave 5 of (5) of [5].
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