The USD/JPY is close to its target at 148.781. The only thing missing is the completion of the 5 of the 5. In the final 5, I have refrained from drawing in the sub-waves for the sake of clarity. In the big picture, we must then wait and see whether only a major correction is pending or whether the USD will continue its negative trend against the yen, which has been in place for decades.
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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.