usd-jpy-15mTrend is bullish in USD/JPY currency pair in 15 minutes time frame. Short term support is present at 122.77 price level. Based on Elliott wave analysis, I expect a bullish leg in price action towards 123.35 in next coming hours. however;a break down in price below 122.77 support will end the up trend and in such case I will stay out of the market and reanalyze the price action of USD/JPY currency pair.

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