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EWA-tokyo

USDJPY, Elliott wave analysis

Short
U.S. Dollar / Japanese Yen (FOREXCOM:USDJPY)  
EWA-tokyo  
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
Wave Analysis Elliott Wave
8
0
waveanalysis elliottwaves
I think that the Wave C (Orange) was finished and the Wave (2) (Blue) was completed.
Probably the Wave 3 (Blue) started.
USDJPY 4hour chart
snapshot

Next, let's see the JPY currency index(JXY).
JXY looks like to have set up an impulse wave (Blue).
I think that USDJPY will link with JXY, occur to impulse wave.

(JXY) 1Week chart
snapshot

(JXY) 1Day chart
snapshot
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