USD/JPY: weekly wave analysis

Weekly. The market keeps rising within stable and multiyear uptrend. Let’s analyze the latest part of the chart in greater detail.


H4. We’ll likely see the development of the corrective wave [4]. The formation of this wave will be completed at the beginning of the week, and after this we’ll see USD/JPY advance within the uptrend [5], which may be the last in this global trend.

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