USDJPY structure remains intact above 103.18
USDJPY terminated a potential Wave 2 around 103.50 levels yesterday. The triangle count did not work out as projected as bears managed to produce a combination for Wave B within correction. As stated earlier as well, corrective waves usually reveal past price action. If Waves 1 and 2 are now correct, USDJPY bulls are back in control and heading towards 105.00, 106.00 and further.
Long against 103.18, targeting 107.00 at least.
Long against 103.18, targeting 107.00 at least.
Feragatname
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