usdjpy look fishy

3 May 2017

waves are somewhat messy, to confirm the bearish view, we need to see 5 waves down or a bearish candle in the 4 hr chart
still too early, shall see if this idea play out

ps: the move up could be due to risk aversion for the upcoming French election, a macron win will likely see risk back and usdjpy fall

5 May 2017

Not

fall started, lets see how far it can bring us, new low is certainly not out of the picture if NFP lower than expected