RSS USD/JPY: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25

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 RSS USD/JPY: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25

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Major Takeaways Main scenario: After correction ends, consider short positions below the level of 161.90 with a target of 148.50 – 138.65. A sell signal: if the price holds below 161.90. Stop Loss: above 162.20, Take Profit: 148.50 – 138.65. Alternative scenario: Breakout and consolidation above the level of 161.90 will allow the pair to continue rising to the levels of 170.00 – 175.41. A buy signal: the level of 161.90 is broken to the upside. Stop Loss: below 161.50, Take Profit: 170.00 – 175.41. Main Scenario Consider short positions below the level of 161.90 with a target of 148.50... Read full author’s opinion and review in blog of #LiteFinance
 
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