Monk
Short

USDJPY roadmap

FX:USDJPY   U.S. Dollar/Japanese Yen
255 0 1
Short for the short-term, long for the long-term. I do believe we hit 100 which is mega long term resistance from a down trend line from way back. After that we'll most likely have a sharp retrace into a wave 4 seeing that wave 2 of the same degree was a complex abcde correction it seems. For the wave 5 who knows... could form a head and shoulders?
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