i sketch the early history of this pair from some charts-web site. looks like the jpy is heading south; the trick is when u zoom in to daily or hourly charts ..let's see - we shall see if this is consistent with our chf prediction.
we are insisting on chf as u see, i don't know why .. probably just some starting point.
Note
may be that's why the dollar is pulling back very much now, because it has a long and strong push ahead.
Note
look at the negative divergence on the Fisher indicator, between wave-3 and wave-5(pink)
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