USDJPY Has A Room For A New High: Elliott Wave Analysis

in elliottwave •  3 years ago 

USDJPY is trading sideways for the last few weeks which now looks more and more like a bullish triangle, so we should be aware of more upside since we can count five waves within a contracting range, with wave E) possibly already bottoming. A rise above 115.66 can make a room for a new high.
USDJPY 4h Elliott Wave Analysis

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