nikitafx

USD/JPY final C target:100.40 (Nikita FX )

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
1
USD/JPY is still within wave B (sub-ABCDE correction in the purple parallel channel )
from 100.75.
shortly mini-wave 4 of D (looks like a mini-ABC) is still going on, then final mini-wave 5
will reach down to 101.48.

After that, we will still have one more uptrend correction as wave E (Fib. 61.8% retracing)
up to 103.12 area.

Then finally, we will have C wave down into 100.40. (which is the end of all correction
from 105.44)----I think USD/JPY will move upto the next new uptrend which will reach
at 107.00 area from 100.40.

Nikita FX ( climbingfx.jugem.jp/ )

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