kier.hetherington

USDJPY Huge Wedge Since 2016

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FX:USDJPY   美元/日元
USDJPY has been moving within a long-term wedge since 2016! I am looking to catch the 5th wave of a move higher to around 113.00 and think that now is a good time to buy. There is a possibility that the pair could break the TL to the downside, in which case I will wait for a retracement and sell.

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