The Dollar Yen has completed its fifth wave to the downside, marking the completion of its first major wave (Wave 1). This will now be followed by a 3 sub-wave correction back towards the upside, which counts as Wave 2. Targeting $139 - $140.
Similar to all other markets correlating positively to the DXY, USDJPY is only facing a temporary upside, before the bears later take controlđ 760 PIPS profit from current market price. Only suitable for big accounts, who can handle swing trading.
Make sure to drop a follow and like. Let me know if you agree with this biasâ
Similar to all other markets correlating positively to the DXY, USDJPY is only facing a temporary upside, before the bears later take controlđ 760 PIPS profit from current market price. Only suitable for big accounts, who can handle swing trading.
Make sure to drop a follow and like. Let me know if you agree with this biasâ
