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Source: Admirals MT5 with MT5SE Add-on USD/JPY motive wave – Accessed 17 October 2018 at 5:00 AM GMT
The USD/JPY currency pair seems to be building a bullish retracement within the downtrend. As long as the price stays below the 382-50% Fibonacci resistance z
Please find here below this week's wave analysis on the EUR/USD currency pair, GBP/USD currency pair and USD/JPYcurrency pair using the daily, weekly and monthly charts.
EUR/USD
The EUR/USD currency pair completed a wave A (purple) within a wave X (pink) at the 1.14 sup