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USDJPY October outlook


USDJPY October outlook



This pair is overbought, I expect a strong downside in the upcoming weeks. The pair can drop +300 pips in few days in order to complete the C wave. In general, I suggest you avoid trading this pair for the next weeks until everything is clear because there is a possibility of a strong upward movement to 119-125 in the next few months. You don’t want to get stuck in sell trades!



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