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[QUOTE="Antony_NPBFX, post: 165250, member: 38727"] [size=5][b]USD/JPY: wave analysis 31.05.2019[/b][/size] Good afternoon, dear forum visitors! [url=http://www.npbfx.com/?utm_campaign=company&utm_medium=forumpost&utm_source=earnforex]NPBFX[/url] offers the latest release of analytics on USD/JPY for a better understanding of the current market situation and more efficient trading. The pair may fall. On the 4-hour chart, a downward correction develops as the wave ii of 3 shaped as a zigzag. Now, the ending wave (c) of ii is developing, within which the development of the third wave of the lower level iii of (c) has begun. If the assumption is correct, the pair will fall to the levels of 108.42–107.50. In this scenario, critical stop loss level is 109.93. [img]http://businesspr-finance.com/wp-content/uploads/2019/05/jpy-3.png[/img] [img]http://businesspr-finance.com/wp-content/uploads/2019/05/jpy-4.png[/img] [B]Main scenario[/B] Short positions will become relevant during the correction, below the level of 109.93 with the targets at 108.42–107.50. Implementation period: 5–7 days. [B]Alternative scenario[/B] The breakout and the consolidation of the price above the level of 109.93 will let the pair grow to the levels of 112.40–114.44. [b]Use more opportunities of the NPBFX analytical portal: analytics.[/b] You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on USD/JPY and trade efficiently with [url=https://my.npbfx.com/register/?utm_campaign=register&utm_medium=forumpost&utm_source=earnforex]NPBFX[/url]. [/QUOTE]
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