Intraday Elliottwave Analysis: USDJPY, 1st target met
|USDJPY break higher to 111.00 level.
Unfortunately missed the final leg higher.
From 104.56, it is a textbook 5 wave up.
If 5=1, the target should be 111.09.
Above here, 111.70/112.02 should be next level to watch.
Daily support Levels: 110.71 110.69 110.57 110.45 110.23
Daily resistance Levels: 110.95 111.05 111.21 111.30 111.61
Intraday Trade Idea:
Sell Latentinterest Order: 111.21
Buy Latentinterest Order: 110.69
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