IkanBilisCapital

USDJPY more upside to come.

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
The dollar yen is trading in its wave 4 range, lurking in the dark to pounce onto the wave 5 impulse. I think the fed's decision on rates may surprise us in the coming weeks leading to a strong dollar rally and a sell off in risk on. Short term, the 113, 112 or even 111 are in play before this upside. We are expecting wave 5 to test 120. Trade safe!

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