USD/JPY: weekly wave analysis

by Roman Petukhov

Daily. The price keeps growing up within the global upward impulse that has come to an end. Let us consider the markup in detail to see if it is fully completed.

H4. The H4 markup shows that the upward wave (V) is completed. Therefore, next week, after the construction completion of a small upward correction 2, we are to witness further decline.

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