EURJPY – Bulls to continue pushing market higher – February 26th, 2021

It turned out that wave (ii) is already in place, probably as a flat pattern. In this case, the market is unfolding an extension in wave (iii). As shown on the one-hour chart below, the fourth-wave of wave iii is underway. If correct, after a short break, the fifth wave of wave iii should begin soon.

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