USDJPY Looking For Stronger Prices
USDJPY is displaying a strong rally away from 108.80 region where a corrective wave 2 of a higher degree was completed. Current impulsive activity now suggest that a new bullish leg is in play and is already unfolding. Recently we have seen price completed minor wave one and two, which means that current rally away from 111.16 level can be minor wave three. More upside can follow on the pair.
USDJPY, 4H
Disclosure: Please be informed that information we provide is NOT trading recommendation or investment advice. All of our work is for educational purposes only.
http://www.ew-forecast.com/service
Find more: Contributing Authors
