Get started
ew-forecast

USDJPY: More Weakness Could Be In Store

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
ew-forecast  
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY Elliott Wave correcton impulsive Parallel Channel LINE
20
1
usdjpy elliottwaves correcton impulsive parallelchannel line
If our view above is correct then JPY will gain even more in the next few sessions or even days. That said, we will keep a close eye on USDJPY for possible shorts after a pullback as leg down from March high looks like a new five wave decline in play. Our special focus should then be on black wave 4 for shorts, while 112.01 level remains in play.

www.ew-forecast.com
@ewforecast
Elliott Wave Service
👉 www.wavetraders.com
👉 Newsletter Sign up: bit.ly/3FVPVzO
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.