4 Hour Chart trend: Mixed. Main price points: 91.74, 94.35 and 98.88. Looking for: Wave C, or III.
Yen is trading higher, after a bullish Wall Street close on Friday, in response to the NFP report. We are looking for a near-term bullish wave count with wave C or III in progress, after the market broke through the red wave I/A highs. Traders should be looking for a possible move up, near to the 98.88 target area, so long as the wave II/B, 94.35 low holds.
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