McCarteen

USDJPY to lose some points from the past weeks?

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FX:USDJPY   美元 / 日圓
The final wave five has finished well and the 50% fib extension level.
interestingly the end wave formed an ending diagonal which signals a strong reversal of price if the appear on a particular trend.
As from now we can expect a strong turn around in price.

Alternatively price might be forming a different shape and might retrace to continue growing.
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