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Long

USDJPY two possible scenarios. Triangle or ZigZag?

FX:USDJPY   U.S. Dollar/Japanese Yen
We are in corrective structure after a 5 wave move up on USDJPY             . We seems to be in the latter stages of an end to the correction. Overall a breakout to the upside is expected. Remember this is a Daily chart , so it may be sometime before it pans out. Price zone to note is 119.50 - 119.00. Price action in thhis zone would give clues about what possible correction pattern would be completed.
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