ForexGuru.Pk USD/JPY Wave analysis and forecast for 08.12 – 15.12

Estimated pivot point is at a level of 111.98. Main scenario: long positions will be relevant above the level of 111.98 with a target of 114.50 – 114.95. Alternative scenario: Breakout and consolidation below the level of 111.98 will allow the pair to continue declining to a level of 110.16. Analysis: Supposedly, the wave C…

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