USD/JPY: weekly wave analysis

Roman Petuchov

Weekly. You may see a long-term bullish markup on the chart. Tiny bearish correction (IV) is now being formed. After that we expect the recovery to resume.

H4. Wave (IV) takes form of a tripple bearish zigzag. On the new week we expect a small bullish correction [B] to be built. Afterwards the market will move down in an impulse [C].

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