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glennmercer

USDJPY Elliott Wave Count: Correction Before Rally

U.S. Dollar / Japanese Yen (FX:USDJPY)  
glennmercer  
FX:USDJPY   U.S. Dollar / Japanese Yen
wavecount Elliott Wave wavetheory glennmercer gmercerfx wave EW rally USDJPY
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wavecount elliottwaves wavetheory glennmercer gmercerfx wave ew rally usdjpy
Hey traders! I definitely want to be LONG this pair as the Yen has been weak against the USD and the trend is bullish. However, it looks as though the correction will continue toward the .382 retracement of Wave-(iii) before we see continuation. I will be looking for bullish impulses to get back into the bull rally. Updates to come - Cheers

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