Following the recovery of the Dollar index (DXY), USDJPY has been following the trend and also rising. It has made its first impulse move up, currently in wave 2 which is the correction phase and now it is bouncing from the support zone indicating the corrections done and wave 3 to the upside is now about to begin.
DXY is also creating an inverse Head & Shoulders pattern indicating another upwards move towards the $94 resistance. I will be cashing into this move alongside my Account Management investors.
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