Following the simple pattern of Elliott's wave, seems the USD/JPY reached its peak as indicated on point B, Arguably, point C is going downward. Everything is possible account for the fiscal policy, inflation rate, policy of central bank, etc.
Disc On
Disc On
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.
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.