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USDJPY Elliott wave analysis: will the dip continue?
The early hours of the market today witnessed the continuation of the bearish move. The purpose of this article is to highlight which levels will price most likely return bullish based on the 16 January USDJPY Elliott wave analysis. We will make reference to the last update where we provided a good case for intra day traders to take advantage of the bearish move to 111.7x price levels. We also speculated that the bullish trend traders can watch for bullish resurgence at that price zone.The chart above was used with the following quote: A trend or long term trader may wait for the corrective dip to end before looking ... (full story)