USD/JPY: Wave analysis and forecast for 02/11/2018 – 09/11/2018

USD/JPY: Wave analysis and forecast for 02/11/2018 – 09/11/2018 The USD/JPY rate is still likely to grow. Estimated pivot point is at a level of 111.60. Main scenario: long positions will be relevant from corrections above the level of 111.60 with a target of 115.00 – 116.50. Alternative scenario: Breakout and consolidation below the level of…

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