FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
USDJPY
Monthly chart

After 5 wave decline, there are two options for correction:

*Wave 4 : target 0.382 retracement of wave 3............108.5

*Wave B: target 0.382 or 0.618 retracement of whole decline........... 109.3 / 115.6

in both cases correction is in ABC form

Related Ideas

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.