Solid News
USDJPY, Elliot Wave Analysis
1/20/2023 10:09 AMA fall is possible.
On the daily chart, the third wave of the higher level 3 ended, and a downward correction develops as the fourth wave 4, within which the wave of the lower level a of 4 formed. Now, the wave b of 4 has ended, and the wave c of 4 is developing, within which the wave (iv) of c has formed, and the development of the wave (v) of c has started. If the assumption is correct, the USD/JPY pair will fall to the area of 121.67–118.00. In this scenario, critical stop loss level is 131.84.
Solid ECN Securities and it affiliates don't accept applications from Indonesia, Egypt, Australia, Bonaire, Curaçao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, South Sudan and other restricted countries.
Copyright All Right Reserved 2023 SolidECN.com