USD/JPY: wave analysis (Apr. 28)

Daily. Final bullish impulse of (V) is now being formed. 

H12. Corrective wave IV was a complex one. In our view, rising impulse V has already begun.

H4. We expect to see a new bullish trend after the corrective wave [2] will be over. However, this pair is not so evident these days. We'd better avoid trading on USD/JPY in the near term. 

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