At present USDJPY at 113.00 could afford trendline resistance, and see the pair move down further in this Wave 2c leg.
The first stop may be 105.00, with continuation of price towards the .618-. 786 ( @ 86 - 94 ) retracement zone and completion of C leg.
Maybe dollar yen then ascends beyond Wave 1 , with a 1.27 fib advancement.
:]
The first stop may be 105.00, with continuation of price towards the .618-. 786 ( @ 86 - 94 ) retracement zone and completion of C leg.
Maybe dollar yen then ascends beyond Wave 1 , with a 1.27 fib advancement.
:]