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09.09.202107:49 विदेशी मुद्रा विश्लेषण और समीक्षा: Elliott wave analysis of EUR/JPY for September 9, 2021

Long-term review

Exchange Rates 09.09.2021 analysis

Today we will look at our long-term working count, which has helped us keep out bullish count firmly on track since the bottom of wave (E) at 114.42. Long-term we continue to look for much higher levels above the peak of wave [A] at 169.97.

Short-term we are looking for a temporary set-back to 129.60 before the next impulsive rally higher towards 135.42 that should complete wave 5/ and 3. That said the rally in wave 3 hasn't been as strong as we normally would expect, therefor our second option is, that the rally from the low of wave 2 at 119.31 to 135.42 only is wave 1/ of 3 and not the complete rally in wave 3, but only time will show.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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