USDJPY Long to 108.23

Price has retraced to the 78 fib retracement on the hourly chart and started heading up. Target is the 1.27 fib extension; could go higher based on the Daily chart, but this is in line with the hourly target. Once the target is achieved, look to trade down again, in the direction of the Daily chart, for it's 5th wave down to the 97-100 area.tradingview.com/chart/MFz3UISd/

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