USD/JPY: wave analysis (Mar. 24)
Daily. Final impulse wave (V) of 1 is being formed.
H12. The pair is now forming a complicated corrective wave IV, after that we expect a new bullish wave V.
H4. We see a bearish wave [y] that is a simple zigzag. Waves (А) and (В) have already been built. Next week we expect the pair to decline an a (С) impulse.