And the arguments are still valid.
- abc correction complete.
- price bounced impulsively from multiple wave support around 118.20.
- upper channel break
- weekly close above 121.316, wave ((B)) top
I think USDJPY will go sky high from here, minimum target is 122.36,
next is 123.69, might go as high as 127.189 if the since 2012 resumes.
This is a trending market at the moment, just enter at market price and see it fly.
by the way, will BOJ surprise the market with more stimulus? God knows.