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USDJPY : Triangle Can Send Prices Higher

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Sep 23 2015

USDJPY has turned down last week so looks like that wave B is still unfolding which can be a triangle that is now near completion. That said, pair is expected to break higher, above 122.00 that can happen soon as we already see five needed subwaves in a triangle formation. Break above blue wave (d) will confirm higher prices for wave C.

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USDJPY, 4H

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