The USDJPY chart shows a strong move, correlated with the S&P rally, that has bree hed the moving averages and got my attention. The pair is now testing the support side of the moving averages so the behavior from here will be important to determine if wave ((ii)) is complete or not.
PLEASE NOTE: THIS IS JUST AN ANALYSIS BLOG AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. THE DATA HERE IS MERELY AN EXPRESSED OPINION. TRADE AT YOUR OWN RISK.
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