What for a rally has USDJPY made recently, it is to see at D1 TF that it moves with a straight upward in an almost vertical line.
In my technical point of view, a third wave has to be finished here at around 113.8xx (highest level recently) and UJ has tried to test a new highs but has failed up to now, which indicates that an end of third wave should be ensured.
Possible upcoming levels take your look at the depicted chart.
P.S.: The labeled and 12345...are my own method, pls ignore to the rules of for labeling them correctly, because tradingview.com has not provided enough tools to label it and I have to develop my own method to adapt it.
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