The mid-point of May-Aug decline was at 1.23. We are likely to approach 1.14 at the end of wave 5. Timing-wise, all is supposed to finish in September, but as usual, it may take more time than we initially estimate.
almost near to the last top 1.231, will have any big news to make it jump down now ?
AndyM
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@yansy84, it will false-break to the upside, but this is still part of the correction (green 4). The decline will resume after all shorts are wiped out.
yansy84
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@AndyM, Thanks. Hopefully All Yen Pair will follow to go down later as well