RSS USD/JPY: Elliott Wave Analysis and Forecast for 13.12.24 – 20.12.24

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 RSS USD/JPY: Elliott Wave Analysis and Forecast for 13.12.24 – 20.12.24

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Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 153.70 with a target of 141.65 – 138.08. A sell signal: the price holds below 153.70. Stop Loss: above 154.00, Take Profit: 141.65 – 138.08. Alternative scenario: Breakout and consolidation above the level of 153.70 will allow the pair to continue rising to the levels of 154.85 – 156.80. A buy signal: the level of 153.70 is broken to the upside. Stop Loss: below 153.40, Take Profit: 154.85 – 156.80. Main Scenario Consider short positions below the level of 153.70 with a target of 141.65... Read full author’s opinion and review in blog of #LiteFinance
 
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