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Expert In



USD/JPY Wave Structure for Long Term


105.20 broken is a key head and shoulders exit potential, graphical support + fibonacci retracement & extension level. Breaking this level has opened a drop to the next fibonacci support (50%) at 100.70 first.

Trading recommendations:

Sell now

Take profit at 100.70

Stop loss at 109.55

The material has been provided by InstaForex Company -