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Elliott Wave Analysis: USDJPY Showing A Completed Big Correction, A Change In Trend Can Be Happening

USDJPY is displaying a strong rally away from 108.50 region, where a corrective wave 2 of a higher degree was completed. Current impulsive activity can be now start of a minimum three wave rise, that will ideally reach levels at 113.0 and above. A breach above the 110.82 level is an indication and a confirmation, that a change in trend is happening, so more gains can be in for the pair.

USDJPY, 4H

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