JPY Daily analysis
Price approaching a 1 year trend-line support, which is a part of the larger time frame flag/triangle pattern formation.
Elliott Wave principle is showing a 12345 impulsive move followed by an abc correction. Looking for reaction at this key support level to determine the direction of larger trend.
Elliott Wave principle is showing a 12345 impulsive move followed by an abc correction. Looking for reaction at this key support level to determine the direction of larger trend.
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