USDJPY LONG TO 117

11 Kas 2021

After consolidating for the past month and a half, USDJPY has presented a bullish structure which looks like it is about to break out to the upside now and target $117. We have completed a correctional phase inside its current wedge. Possible we might see one more leg down as part of a micro correction (Wave E) before price shoots up again.

I will be catching this move on behalf of myself and my Account Management investors.