McCarteen

USDJPY yet to climb higher.

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Price has made a 3 wave advance to the direction of the long term trend. As for now, assuming the intermediate wave (3) has ended at 2.272% of intermediate wave (1).

Now price is expected to make a correction down to at least the 38.2% or 50% of the fibonacci retracement and that is a good place to position yourself.
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