USD/JPY: weekly wave analysis
Weekly. The market keeps on forming a strong bullish trend on the weekly chart. The final bullish impulse [V] is now being formed.
H12. Wave (IV) took became a horizontal triangle. Impulse (V) is now being built. This week the pair could easily renew the previous high.
H4. The pair will likely extend growth after a short-term bearish correction. We recommend you buying the pair on dips.