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  will be over. However, this pair is not so evident these days. We'd better avoid trading on USD/JPY in the near term.