USD/JPY
A nice Little five wave decline of the 104.92 high indicates, that the wave (ii) correction is over and wave (iii) lower towards 100.68 and maybe even lower as I expect wave (iii) to extend.
Looking at the shorter term Picture we can see the small five wave decline (in red) of the wave (ii) high at 104.92. calling for more downside action once this small red wave ii correction is over near 104.47
No comments:
Post a Comment